Nvidia CEO's affair with alleged spy aided $7.5 billion in China chip shipments, Information reports
Nvidia’s board is also examining whether the alleged relationship helped channel at least $7.5 billion in chips to China, Reuters reported.
- Nvidia CEO Jensen Huang acknowledged an extramarital affair with Alice Huang, a businesswoman alleged to have ties to Chinese intelligence. The disclosure prompted an FBI examination and intensified scrutiny regarding the company's compliance with export controls.
- Reports allege Huang helped facilitate at least $7.5 billion in Nvidia chip shipments to Chinese firms through a network including Shanghai Century Litong. This China-Singapore company network allegedly used ties to Nvidia to secure supplies despite export restrictions.
- Jiangsu Lettall Electronic identified Century Litong as a controlled subsidiary in its 2025 report. The subsidiary reported approximately 1 billion yuan in revenue and 230.1 million yuan in net profit, demonstrating the financial scale of the AI computing rental business.
- Following the reports, Nvidia shares fell 0.88% in premarket trading. The board launched an internal investigation into the matter, while Century Litong and other involved entities were not immediately available for comment regarding the allegations.
- The situation brings attention to the potential use of intermediaries like Megaspeed to circumvent export controls. Investors are monitoring whether this reported chip network triggers further regulatory scrutiny of the relationship between Nvidia and its cloud partners in China.
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118 Articles
Look of the Week: Nvidia’s CEO appeared in a very stylish archival leather jacket. If only it were real
By Zoe Sottile, CNN When an image allegedly showing Nvidia CEO Jensen Huang in his first public appearance since reports of an extramarital affair with an alleged Chinese spy punctured his public image and sent his company’s shares tumbling, it quickly went viral. Huang was sporting a different look than usual. Instead of his signature
Alice Huang went from working on Chinese television to controlling a network of technology companies. Her relationship with Jensen Huang would have facilitated the supply of thousands of processors to China despite US restrictions Read
With the espionage scandal around the Nvidia founder, his cheated wife also comes into the spotlight. Lori Huang does not have an official position in the company. But if you believe the husband, her influence is huge.
Nvidia's board of directors has hired an outside law firm to investigate the company's CEO Jensen Huang. The independent investigation will seek to determine whether the company's CEO's privacy scandal jeopardized trade secrets or U.S. national security, CNBC reported.
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