Jensen Huang, the Taiwanese-American CEO of Nvidia, the world's most valuable company and leader in AI chip design, is now at the center of an intelligence scandal and a potential Chinese honeypot operation.
■ Huang sent an email to the entire company apologizing for an affair with Alice Huang, a senior executive at Mega Speed, a US company in Singapore believed to be a Chinese front company that has bought $4.8 billion in Nvidia chips since 2024.
■ NYT reported that US intelligence found that Alice Huang was recruited by China's Ministry of State Security specifically to target Jensen Huang. A spokesperson for the Chinese Foreign Ministry said that "the so-called Chinese espionage narrative is merely a baseless accusation... ".
■ Nvidia launched an independent internal investigation, but its shares have already fallen.