Nvidia CEO's alleged spy relationship aided $7.5 billion in AI chip shipments to China

Nvidia CEO Jensen Huang's relationship with alleged spy Alice Huang helped a network of companies secure billions in AI chips for Chinese firms, with shipments totaling at least $7.5 billion since 2023, prompting an independent board investigation. The Information's investigation found Alice Huang, her husband, and sister were linked to companies in China and Singapore that received Nvidia chips, including Shanghai Century Litong, which gained priority cloud partner status months after its founding. Approximately 240,000 chips, including H100 and H200 processors, were reportedly transported to China, some reaching data centers serving Alibaba and Tencent. US and Singapore authorities have launched separate probes into Megaspeed, a Singapore firm tied to Alice Huang, over suspected chip smuggling. Nvidia stated it found no evidence of national security breaches, while shares fell over 9% across two days.