Nvidia CEO Huang admits affair as chip-security probes widen
Original title: The unfolding Jensen Huang scandal: a timeline
US officials suspect a Megaspeed executive is a Chinese spy; Nvidia's board is reportedly preparing to remove Huang.
Jensen Huang told Nvidia employees he was unfaithful and tied the admission to national-security concerns in news reports. US officials believe Megaspeed executive Alice Huang, no relation, is a Chinese spy. Megaspeed, which reportedly bought $4.8 billion in Nvidia chips, was already investigated by the US and Singapore, and the Justice Department has taken the federal case. The New York Times also reported an unconfirmed affair with Nvidia vice president Kimberly Powell. The Wall Street Journal says the board is preparing to oust Huang, and shares fell.
Unconfirmed: Spy allegations, the Powell relationship, the board's plan to oust Huang, and chip-purchase figures are reported claims, not confirmed by Nvidia.
- Huang admitted the affair in an employee letter also issued as a press release.
- The Information reported Shanghai Century Litong facilitated $7.5 billion in Nvidia chip purchases, including banned chips.
- Three House committee chairs requested a closed-door briefing and may subpoena Huang.
- President Trump said Huang should remain Nvidia's chief.
- Huang withdrew from the ElevenLabs Summit and the Anthropic CEO Forum.
- Vendors
- Nvidia
- Organizations
- MegaspeedShanghai Century LitongJustice Department
- Countries
- United StatesChinaSingapore
From the original article
7 min read at techcrunch.com
The affair could have ramifications for national security as the U. S. and China race to develop the most advanced AI infrastructure.
By Amanda Silberling · techcrunch.com
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