JENSEN THIRD AFFAIR
Nvidia scandal puts China chip curbs back in focus as US lawmakers push tougher export restrictions
US lawmakers from both parties are pushing tougher restrictions on China's access to advanced AI chips following reports about former Nvidia CEO Jensen Huang's affair with a suspected Chinese spy. Congress is weighing measures to tighten export oversight, track advanced processors, pressure US allies and close remote-access loopholes.
Singapore barred Alice Huang from re-entry; flags limited US help in Megaspeed probe
Alice Huang, under suspicion of acting as a spy for China, has been denied re-entry into Singapore after presenting misleading information. The government issued a cautionary notice linked to her activities with Megaspeed International during a probe. US authorities offered limited assistance about Supermicro despite requests. In June 2025, her passport was confiscated to guarantee her attendance at proceedings.
Two days before her tryst with Jensen Huang popped, Nvidia’s Kimberly Powell pitched ‘robot hospitals’ to explain why world’s most valuable chipmaker is betting on healthcare
Nvidia's leadership landscape is in upheaval following Jensen Huang's resignation over multiple extramarital affairs. Rumors involving Kimberly Powell and Alice Huang became public prior to his exit, resulting in Kimberly canceling her summit appearance. Colette Kress will serve as interim CEO while the board evaluates candidates for a permanent replacement. This incident has sparked conversations regarding Powell's qualifications for her role within Nvidia.
Trump backed Jensen Huang until the end, urged Nvidia chief to fight for his job before exit: Report
Donald Trump called Nvidia CEO Jensen Huang to urge him to maintain his position amid an espionage scandal. Trump remained a prominent supporter of Huang despite warnings about his alleged relationship with a Chinese citizen. The president viewed Nvidia as essential to the US economy and feared the impact of Huang's removal. Huang's influence shaped Trump's approach to semiconductor exports to China.
US probes alleged spy Alice Huang over suspected Super Micro chip smuggling to China: Report
The US Justice Department is investigating Alice Huang, suspected of potentially spying on ousted Nvidia CEO Jensen Huang, over whether entities linked to her helped smuggle Super Micro products into China. The probe, led by Manhattan prosecutors, adds another dimension to a widening semiconductor smuggling and espionage investigation involving Nvidia.
Nvidia faced pressure to boost its AI backstop before Jensen Huang's exit
Nvidia's ambitious $500 billion AI financing partnership with six major Wall Street firms is facing hurdles, with customers and financial partners seeking a larger financing backstop than the chipmaker's proposed 25%. No deals have emerged so far, and Jensen Huang's exit as CEO adds uncertainty, potentially delaying the first transaction until January.
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Jensen Huang's third affair revealed after Nvidia exit; latest involves another employee: Report
Ousted Nvidia CEO Jensen Huang had an intimate relationship with a second employee, Reuters reported, days after his resignation following revelations of two other extramarital affairs. The disclosures triggered a board investigation into possible foreign intelligence involvement, while Nvidia appointed finance chief Colette Kress interim CEO. Its shares fell 5.5% Thursday.
What will happen to Jensen Huang after third affair? Key US lawmakers are coming for ex-Nvidia CEO
Jensen Huang's affairs have rocked Nvidia as well as the global artificial intelligence (AI) fraternity. Now Huang is facing a lot questions, especially from the US lawmkers.
Jensen Huang’s Nvidia exit raises fears over the future of AI financing
Nvidia CEO Jensen Huang's reported departure rattled global markets, triggering concerns over the chipmaker's leadership, AI investments and data-centre financing strategy. Nvidia shares tumbled, while Chinese chipmakers rallied amid expectations of potential gains in market share.
US stocks: Retail buyers limit Nvidia stock rout
Retail investors poured a record $111 million into Nvidia shares during Thursday’s first half-hour of trading, helping the stock trim an opening loss of as much as 14% to about 5%. The dip-buying suggests confidence in the AI trade remains resilient despite CEO Jensen Huang’s departure and Nvidia’s loss of more than $1 trillion in market value over five weeks.
Jensen Huang affair scandal deepens after CEO resignation: Report reveals relationship with second Nvidia employee following Kimberly Powell allegations
Jensen Huang third affair: Jensen Huang's relationship with a second Nvidia employee has added to the controversy surrounding his sudden departure as CEO. The disclosure follows earlier reports involving healthcare executive Kimberly Powell and Chinese businesswoman Alice Huang, whose alleged links to Chinese intelligence also prompted scrutiny of the Nvidia chief.
US stocks: Nvidia shares plunge 13% after Jensen Huang quits as CEO; Colette Kress named interim chief
Nvidia shares plunged 13% after co-founder Jensen Huang resigned as CEO and board member with immediate effect. CFO Colette Kress was named interim chief executive while the board searches for a permanent successor, with Harvey C. Jones appointed Nvidia’s first independent board chair.
Jensen Huang resigns from Nvidia after 33 years: Board names Colette Kress interim CEO amid affair reports and China probe allegations
Jensen Huang resigns: Jensen Huang has resigned as Nvidia CEO with immediate effect after leading the chipmaker for 33 years. CFO Colette Kress will serve as interim CEO as the board begins its search for a permanent replacement. His departure comes amid reports about alleged relationships and scrutiny over Nvidia's links to companies suspected of evading US export controls.
Deadline day: Will Jensen Huang face Congress? Nvidia must answer today, as Democrats push China chip limits into the defence bill
Nvidia CEO Jensen Huang asked by 3 Republican lawmakers to brief Congress on November 18 over alleged China spy links. Here's what they want to know about Alice Huang and Megaspeed.
US and China should stay clear-eyed on AI cooperation and competition, Scott Bessent says
The United States and China should harbor no illusions about their differences on artificial intelligence as they navigate cooperation to mitigate the technology's risks while competing for AI supremacy, US Treasury Secretary Scott
West Asia crisis fuels crude conflict in Myanmar civil war
Myanmar imports 90 percent of its fuel oil, official figures show, making it particularly vulnerable to supply issues caused by the US-Israeli war on Iran.
Jensen Huang case: Nvidia CEO love affair scandal revives push for tougher US line on China
Huang, who co-founded Nvidia and turned it into the world's leading supplier of the processors that power artificial intelligence, admitted on Sunday to an affair with Alice Huang, a former executive at Singapore-based Megaspeed whom US intelligence officials believe was working for Chinese intelligence.
How China gets the Nvidia chips it needs to develop AI
Nvidia's dominance in the global AI chip market has come under scrutiny as US export restrictions fail to fully prevent China from accessing advanced processors. Chinese firms are reportedly obtaining Nvidia chips through smuggling and overseas data centres, while domestic players such as Huawei race to develop competitive alternatives.
NVDA stock price today: Nvidia shares slide 5% after Jensen Huang’s affair admission as China spy probe puts AI giant’s leadership under scrutiny – Can it survive the CEO crisis?
Nvidia stock today: Nvidia shares fell 4.5% in premarket trading on Monday, November 9, even as Wall Street futures pointed higher after last week's sell-off. NVDA slipped to around $178.21 from Friday's close of $186.64. Dow futures gained 0.73%, S&P 500 futures rose 0.40% and Nasdaq 100 futures added 0.21%. The latest pressure followed Jensen Huang's affair admission and a board probe over alleged Chinese espionage.
Nvidia controversy stokes export scrutiny risks for South Korean chipmakers
Samsung Electronics and SK hynix could experience greater export compliance challenges due to Nvidia's scrutiny over AI chips. US authorities have not announced new regulations yet, but potential measures might emerge. Chief Executive Jensen Huang's personal matters have spurred investigations into Nvidia's business dealings. A closed-door inquiry is scheduled to review security frameworks and contacts with foreign entities.
Alice in Nvidia CEO's secret world: Jensen Huang's personal affair matters far beyond than what meets the eye
Concerns about national security have emerged regarding Nvidia CEO Jensen Huang and a Chinese businesswoman, Alice Huang. US intelligence suggests Alice may have gathered information for Beijing after forming a close relationship with Jensen. Nvidia's advanced processors play a crucial role in AI and military applications, making them strategically significant in US-China relations. Congressional inquiries are seeking clarity on Nvidia's security protocols regarding foreign espionage risks.
How Intel's dealmaker CEO charmed US President Donald Trump
Intel CEO Lip-Bu Tan recently found himself under fire from presidential criticism but skillfully transformed the situation into a golden opportunity. By striking a multi-billion dollar deal with the government, he secured essential funding and an equity stake that revitalised Intel’s ambitions.
How a Silicon Valley dealmaker charmed Trump and gave Intel a lifeline
Intel CEO Lip-Bu Tan met with President Trump. This meeting secured billions in U.S. government investment for Intel. The deal gives the U.S. government a significant stake in the chipmaker. Tan's leadership is being questioned regarding technical expertise. Nvidia recently tested Intel's manufacturing but did not proceed.
The global AI divide
The rise of artificial intelligence has sparked a significant digital divide, where nations equipped with advanced computing capabilities, such as the US, China, and the EU, flourish, while others fall behind. The lack of AI infrastructure in many regions stifles economic growth and scientific innovation.
PM Modi meets top tech CEOs Jensen Huang, Sundar Pichai, others in the US
The 15 technology CEOs who attended the roundtable included Julie Sweet, CEO, Accenture; Shantanu Narayen, CEO, Adobe; Lisa Su, CEO, AMD; Arvind Krishna, CEO, IBM and Jensen Huang, CEO, Nvidia among others. The tech-roundtable focused on artificial intelligence (AI) and quantum; biotechnology and life sciences; computing, IT and communication; and semiconductor technologies, as per a statement from the Ministry of External Affairs.
PM Modi attends 'fruitful' tech CEOs roundtable in New York
The meeting took place at the Lotte New York Palace Hotel on Sunday during the second leg of Modi's three-day US visit. It saw the participation of CEOs of 15 major US-based firms working on cutting-edge technologies such as AI, quantum computing and semiconductors.
Modi in US: PM meets Google's Sundar Pichai, Adobe's Narayen at CEO roundtable
Prime Minister Narendra Modi participated in a roundtable with global tech leaders in New York, organized by MIT. The discussion covered AI, Quantum Computing, Biotechnology, Life Sciences, IT, and Semiconductors. Modi emphasized India's focus on becoming a global tech hub and the importance of international collaboration for growth.
As regulators close in, Nvidia scrambles for a response
Nvidia's dominance in AI chip sales, with a 90% market share, has led to inquiries from the EU, Britain, China, and the U.S. Justice Department. The company is now focusing on building its Washington presence and legal defenses to address antitrust concerns, while managing high demand for its GPUs and new acquisitions.
Queen Elizabeth II, Lata Mangeshkar, Bob Saget & Betty Davis: Remembering influential people who we lost in 2022
Here is a roll call of some influential figures who died in 2022.
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