Nvidia CEO Jensen Huang faces crisis over affair with suspected Chinese intelligence asset

Nvidia CEO Jensen Huang is facing a corporate crisis after admitting to an affair with a suspected Chinese intelligence asset, triggering a massive loss in market value and a shareholder lawsuit. The scandal has raised concerns about potential espionage and influence over one of the world's most strategically important tech executives. Huang, a Taiwan-born U.S. citizen, co-founded Nvidia in 1993 and built it into the dominant force in AI chips, with his personal wealth soaring to about $154 billion. The alleged affair with Alice Huang, a former boss of Singapore cloud firm Megaspeed under U.S. investigation for helping get Nvidia chips into China, is now part of an FBI probe. The fallout includes an internal Nvidia board investigation, potential tightening of U.S. chip export restrictions to China, and an apology from Huang to staff. Beijing has denied the espionage allegations, calling them groundless, while analysts warn the scandal highlights risks of concentrating global AI power in one individual.