Nvidia CEO's alleged affair helped ship $7.5B in chips to China, report says

An investigation by The Information alleges that Nvidia CEO Jensen Huang's extramarital relationship with Chinese businesswoman Alice Huang facilitated the shipment of at least $7.5 billion in chips to Chinese companies, bypassing U.S. export restrictions. Alice Huang, with her husband and sister, built a network of companies in China and Singapore to acquire Nvidia chips. The network's core, Shanghai Century Litong, gained preferred cloud partner status in 2023, securing priority access to chips, with some units later used by Alibaba and Tencent. The report claims Alice Huang used her relationship with Jensen Huang for credibility while avoiding documentation. Nvidia and the involved companies have not commented, and Reuters could not independently verify the allegations.