Nvidia CEO's relationship with suspected Chinese spy shakes AI sector

Nvidia CEO Jensen Huang admitted to a relationship with a woman suspected by US intelligence of spying for China, potentially impacting the $5 trillion AI chipmaker and the global AI race. The company has launched an independent board investigation. The woman, Alice Huang, is an executive at Megaspeed, a Nvidia client in Singapore suspected of trying to circumvent export controls to send advanced chips to China. US officials believe she was recruited by China's Ministry of State Security, with a memo drafted before President Trump's May summit with Xi Jinping. Nvidia stated Huang was targeted by a foreign intelligence operation but has no reason to believe national security or company secrets were compromised. Trump called Huang "an honorable man." Analysts say while Nvidia's fundamentals remain strong, Huang's personal influence has been damaged, with no obvious successor apparent.