Nvidia CEO's affair with alleged spy aided $7.5 billion in China chip shipments, Information reports
- Nvidia's board launched an independent investigation into CEO Jensen Huang after he admitted to an affair with Alice Huang, a businesswoman alleged by U.S. intelligence to be a Chinese spy.
- Reports allege Alice Huang used her connection to Huang to route at least $7.5 billion in restricted Nvidia chips to China, potentially bypassing U.S. export controls under investigation by federal authorities.
- On Monday, Nvidia shares fell sharply, wiping out approximately $190 billion in market value, as shareholders filed a class-action lawsuit alleging the company misled investors about risks tied to the CEO's conduct.
- President Donald Trump defended Huang as a "fine person," while three Republican committee chairs requested a closed-door briefing to address national security and export-control concerns.
- The board maintains no secrets were compromised, though Bespoke data indicates a 34% market-implied probability Huang departs by January 1, 2028, amid succession concerns.
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Nvidia is starting to prepare a replacement for Jensen Huang! Five names are in the running for CEO, including former Apple CEO Tim Cook.
"Jensen Huang has recognized a story with a Chinese framework that American intelligence suspects to be working for Beijing. Since then, the man who is considered one of the most powerful on the planet is at the heart of the controversy. You are explained why the affair shakes the world. - Scandal around the connection of the boss of Nvidia: 4 questions to understand the scale of the affair (New technologies).
Nvidia CEO Jensen Huang's job is hanging in the balance after a special board meeting last night. The revelations that he had an affair with a suspected Chinese spy also shed new light on Huang's contacts with Donald Trump, to whom he has direct access. Now, questions are being raised about whose business Huang was on when he convinced Trump to sell AI chips to China.
This Chinese businesswoman is suspected of having facilitated Beijing's access to American electronic chips, by maintaining a liaison with Nvidia's boss. She has not been found since the beginning of the case and her profile interrogates.
Sydney Morning Herald
Nvidia billionaire’s affair scandal drags his wife of 41 years into the spotlight
Lori Huang has been by Jensen Huang’s side for decades but has kept a low profile as he built his fledgling start-up into one of the most valuable companies in the world. That all changed this week.
Valentin Bogdanov: The loving man in the leather jacket seems to have finished playing
The loving man in the leather jacket seems to have finished playing. Jensen Huang had no time to repent of his affair with an alleged Chinese spy in a Sunday note to employees, as the NYT rolled out the second season.Five former and current Nvidia...
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