Nvidia Short-Seller Warned In May Of CEO Jensen Huang's Ties To Suspected Chinese Spy

CBS Bay Area

November 13, 2026

Recent revelations about Nvidia CEO Jensen Huang's links to a suspected Chinese spy have shocked investors, with the chipmaker's valuation sinking $450 billion over two days.

But the relationship, now under investigation by Nvidia, was foreshadowed in May by a little-known Wall Street "short seller," Christian Lamarco of New York City-based Culper Research, who published a 40-page report highlighting Huang's ties to Alice Huang (no relation), a former television reporter and financial industry executive.

Short-sellers use a trading strategy that yields profits when a company's shares decline, and Culper disclosed in its report that it had bet against Nvidia's stock. Short-sellers often publish research to demonstrate why a company is overvalued, aiming to convince other investors to sell the stock, thereby driving the shares lower and boosting their profits.

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