Nvidia scandal: Alice Huang's Huawei ties and the $7.5bn chip mystery

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A scandal engulfing Nvidia centers on Alice Huang, a 42-year-old with business ties to Huawei, Nvidia's top Chinese rival, amid questions over her loyalties and a $7.5 billion chip sales mystery. The fallout has forced CEO Jensen Huang's resignation and his agreement to testify before Congress. Alice Huang held stakes in companies linked to Huawei, including a data center that sold computing power to the firm, and served as CEO of Singapore-based Megaspeed, a major Nvidia chip buyer. No evidence of illegal chip transfers has been found, and Beijing denies she was a spy. Jensen Huang resigned Wednesday after 33 years, with CFO Colette Kress taking over as interim CEO. He faces revelations of a third extramarital affair and will testify before House committees by November 26, as Nvidia shares fell and a shareholder lawsuit was filed.


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