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[BUSINESS] · United States, Singapore, China · 14 sources

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Nvidia CEO Jensen Huang under investigation following alleged affair with Chinese spy FAST-MOVING

Nvidia has retained the law firm Wachtell, Lipton, Rosen & Katz, led by former acting US Attorney Joon H. Kim, to conduct an independent investigation into CEO Jensen Huang. The probe follows Huang’s admission of an extramarital affair with Alice Huang, an executive at the Singapore-based company Megaspeed.

Intelligence reports and media outlets allege that Alice Huang is suspected of being a Chinese intelligence operative. The investigation aims to determine if the relationship compromised corporate data or US national security. There are allegations that the connection facilitated the diversion of billions of dollars worth of advanced Nvidia AI chips to Chinese entities, including Alibaba and Tencent, potentially bypassing US export restrictions.

The scandal has triggered significant political and economic fallout. Nvidia shares fell to a near-yearly low, wiping over $500 billion from its market value. In the US, House Republican Committee chairmen have summoned Huang for a closed-door briefing, while Senator Chuck Schumer has accused President Donald Trump of prioritizing Huang’s interests over national security. The FBI is also reportedly conducting its own investigation into the matter.

Entities

Alice Huang · Jensen Huang · Joon H. Kim · Megaspeed · Nvidia · Wachtell, Lipton, Rosen & Katz

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