Former Nvidia CEO Jensen Huang to testify before US Senate over China chip scandal
Former Nvidia CEO Jensen Huang has agreed to testify before the US Senate before Thanksgiving, following his resignation amid revelations of extramarital affairs, including one with Alice Huang, a Chinese executive suspected of espionage. US intelligence has not confirmed she acted as a spy. Nvidia shares fell up to 4.60% on Wall Street as the scandal deepened. Bloomberg reported that a company founded by Alice Huang allegedly circumvented US sanctions, with Dell servers containing Nvidia AI chips sold to Singapore-based Aperia and later transferred to a Chinese firm linked to her. Commerce Secretary Howard Lutnick will voluntarily appear before Congress over the matter, amid reported tensions with Treasury Secretary Scott Bessent, who expressed frustration over potential chip leaks to China. The case has also spotlighted Singapore and Malaysia's roles in the global semiconductor supply chain.