Nvidia CEO faces espionage scandal over affair and Singapore supplier ties
Nvidia, the American AI chip giant valued at $4.5 trillion, is facing an unprecedented industrial espionage scandal involving its CEO Jensen Huang and a Chinese woman linked to a Singaporean supplier, threatening his leadership. The affair centers on an extramarital relationship and alleged espionage tied to multi-billion-dollar contracts. Nvidia's stock fell 4% on Wall Street Monday. The company, based in Santa Clara, reported $216 billion in annual revenue and $120 billion in net profit. Huang, who has led Nvidia since 1993, faces an uncertain future as the scandal unfolds globally. The company's graphics cards, originally for gaming, became essential for artificial intelligence, driving its explosive growth and market dominance.