Alice Huang: From Shanghai Finance to Nvidia's $4 Billion Chip Scandal

Alice Huang, a former Shanghai finance executive, is accused by US authorities of being a Chinese intelligence asset who used a network of companies to purchase over $4 billion in Nvidia chips for Beijing. Huang, also known as Huang Le, allegedly exploited her relationship with Nvidia CEO Jensen Huang, who admitted to a personal relationship with her, to acquire advanced AI processors subject to US export restrictions. Nvidia has launched an internal investigation, and Jensen Huang has resigned. Her career path included four years as a television journalist before moving to private banking at HSBC and then CITIC Securities. She built her business network in Shanghai's financial circles, working closely with fund manager Kang Wei, who was presented as her husband.