Nvidia CEO's Affair With Suspected Spy Raises National-Security Concerns

Nvidia CEO Jensen Huang admitted Sunday to an affair with Alice Huang, a Chinese citizen suspected of espionage, causing Nvidia shares to fall 4.3% on Monday and prompting a board investigation and a House Republican request for a briefing. The affair has raised national-security concerns because Alice Huang founded Megaspeed, a Singapore-based cloud company that Nvidia designated a "Cloud Partner," granting it priority access to advanced chips. Megaspeed has reportedly purchased billions of dollars in Nvidia chips and rented computing capacity to Chinese companies like Alibaba, potentially circumventing U.S. export controls. U.S. officials have investigated Megaspeed for possible chip smuggling into China, and prosecutors have charged others in separate cases involving restricted Nvidia chips. The incident highlights vulnerabilities in export controls and comes ahead of a Trump-Xi meeting, where easing chip restrictions is a Beijing priority.