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Nvidia billionaire Jensen Huang's secret affair with Alice Huang and the suspected China spy operation drawing US scrutiny
Alice Huang, a Chinese entrepreneur, is under scrutiny for alleged connections to the Ministry of State Security in China. US intelligence suspects she could have obtained confidential insights about Nvidia's CEO, Jensen Huang, raising questions about her impact on Nvidia's chip sales. As a precaution, Nvidia's board has begun evaluating its relationship with Huang and her enterprise amidst growing concerns over China's tech ambitions.
Tech firms claw back some losses after midterms rout, eyes on Nvidia
Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the Times said.
Nvidia opens probe into CEO Jensen Huang over affair with woman suspected of spying for China
Nvidia has launched an independent probe into CEO Jensen Huang over an affair with a Chinese executive suspected by US intelligence of working for Beijing. Huang admitted to being unfaithful and apologised. The investigation will examine potential national security risks and possible exposure of company secrets.
Trump calls Nvidia's Jensen Huang 'honorable,' says not discussed China-linked allegations with him
US President Donald Trump has expressed support for Nvidia CEO Jensen Huang following reports of his alleged relationship with a Chinese businesswoman suspected of passing information to Beijing. Trump called Huang an honourable person and praised his contributions to the US, while saying he had not discussed the allegations with him.
Nvidia CEO Jensen Huang affair: Who is Alice Huang aka Huang Le? Television reporter turned Megaspeed executive is linked to Jensen Huang, Chinese spying
Nvidia CEO Jensen Huang affair news has evoked sharp reactions from the artificial intelligence or AI chip maker who has launched a probe. Jensen Huang is married.
Meet Lori Huang, Nvidia CEO Jensen Huang's low-profile wife who runs a $9.2 billion foundation that rivals the famous MacArthur Foundation
Jensen Huang's wife is Lori Huang. The couple reportedly met as engineering students at Oregon State University. At that time, Jensen was 17 and Lori was 19. They had reportedly then worked together as lab or study partners. Jensen also approached Lori with an offer that he would help her with homework.
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Singapore confirms a probe into Megaspeed but denies investigating Alice Huang over spy claims; how is Nvidia CEO Jensen Huang linked to the controversy?
US media reports have alleged that Nvidia CEO Jensen Huang developed a 'close relationship' with an alleged Chinese spy. US intelligence believes Alice Huang was recruited by China's Ministry of State Security (MSS). The alleged relationship was reportedly mentioned in a memo. Singapore has reportedly rejected the claims that Alice Huang was investigated by its authorities.
Donald Trump was reportedly briefed a year ago that a suspected Chinese spy was close to Nvidia's CEO, but why was Jensen Huang never told?
According to media reports, US intelligence believes Alice Huang was recruited by China's Ministry of State Security (MSS). Alice had developed a close professional relationship with Jensen through her work in the AI and data centre industry. Their alleged relationship attracted intelligence attention because Nvidia's technology is central to the US-China competition over artificial intelligence.
Spy targeting Nvidia CEO was alleged China intelligence service recruit: NYT
The Chinese businesswoman, with whom Nvidia's CEO Jensen Huang had alleged ties, was recruited as a spy for China’s Ministry of State Security, The New York Times reported, citing a memo circulated among policymakers in the Trump administration.
Spy targeting Nvidia CEO was alleged China intelligence service recruit: Report
The Chinese businesswoman, with whom Nvidia's Chief Executive Officer (CEO) Jensen Huang had alleged ties, was recruited as a spy for China’s Ministry of State Security, The New York Times reported, citing a memo circulated among policymakers in the Trump administration.
Marvell to buy Lumentum in $115 billion deal in AI data-center bet
Marvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition is intended to position Marvell more competitively against Broadcom in the rapidly growing AI sector. With this expansion, Marvell anticipates boosting its optical components production to satisfy the escalating demand in data transfer spurred by AI innovations in data centers.
China's robot makers have mastered the moves. Now comes the race for brains
The shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, learn unfamiliar tasks and adapt without having to be programmed for every job.
Washington set to cut wire connecting Chinese companies to US phone numbers
The US Federal Communications Commission intends to vote on banning Chinese telecom firms from accessing US phone numbers. Concerns around national security have led to this potential decision against companies like China Mobile and China Telecom. The measure aims to prevent illegal robocalls and protect US telecommunications. China has opposed this likely ban, asserting it undermines legitimate business practices.
ByteDance, Alibaba, Tencent place over $35 billion worth of Nvidia chip orders
US-based chipmaker Nvidia has told customers and partners it cannot guarantee that it can fill the orders because demand from Chinese technology companies far exceeds planned production, the two sources and a third person familiar with the matter said. They requested anonymity because they are not authorised to speak to the media.
Global Market Today: Asian stocks advance as selloff in chips eases
The MSCI Asia Pacific Index advanced 0.6%, led by stocks in South Korea. Chip stocks rose with Samsung Electronics Co. and SK Hynix Inc. both edging higher. Earlier, the S&P 500 erased losses and edged up to close 0.3% higher on Thursday.
Nvidia pledges $250 million in computing resources to boost UK AI safety research
Nvidia has committed $250 million in computing resources over five years to advance UK artificial intelligence safety research. Announced by CEO Jensen Huang on Wednesday, the $50 million annual pledge focuses on agentic AI security, supporting initiatives at Oxford, Imperial College London, and University College London.
Global Market: AI trade faces biggest test yet as chip stocks tumble across Asia
Asian AI stocks tumbled as rising bond yields, higher financing costs, and concerns over excessive infrastructure spending weakened investor confidence. South Korea’s Kospi and Japan’s chipmakers suffered sharp losses, while AI-related funding faced tougher scrutiny. Investors increasingly demand sustainable revenues and profits, questioning whether massive AI investments will deliver expected returns.
Super Micro contractor pleads guilty in scheme to divert AI servers with Nvidia chips to China
In March, US prosecutors charged Ting-Wei "Willy" Sun and two others associated with Super Micro, including a co-founder, with conspiring to divert about $2.5 billion worth of US AI technology to China in violation of export laws.
Greg Lui DOJ charges: California tech CEO linked to $300 million Nvidia GPU scheme allegedly routed through Malaysia and Singapore to China
Greg Lui was charged by the Department of Justice for allegedly exporting restricted computer servers to China. The indictment includes conspiracy to violate export control laws and money laundering. Lui and associates misrepresented shipments through Malaysia and Singapore to bypass regulations. It is claimed that over $300 million of advanced technology was involved in the scheme. If convicted, Lui faces significant prison time for these serious offenses.
Trump-Xi dinner: Elon Musk, Jeff Bezos, Sam Altman, Huang, Nadella among star-studded guest list
Billionaires and leaders from the technology sector gathered at the White House for a state dinner. This event hosted Chinese President Xi Jinping and his wife, Peng Liyuan, with various US officials. The discussions included trade, artificial intelligence, and strategic issues between the two nations. Trump highlighted his friendship with Xi during the dinner and emphasized mutual cooperation.
Xi to visit Washington without Chinese CEO delegation: Report
China's President Xi Jinping is set to visit Washington, but without the expected delegation of business leaders. The absence is attributed to the White House's other priorities and concerns over military links. Chinese representatives had been finalized to join Xi's trip, but changes occurred in the plans. A state dinner hosted by President Trump will take place that includes various industry executives.
US stocks: US stocks fall as oil prices, yields tick up; traders assess Mideast talks, Trump-Xi meet
US stocks retreated due to climbing crude oil prices and rising bond yields impacting investor sentiment. Major semiconductor stocks faced losses, while Meta Platforms saw significant gains with its AI assistant. The Dow Jones Industrial Average and S&P 500 both recorded declines alongside the Nasdaq Composite. Market participants are awaiting developments in US-Iran negotiations and a state visit by Chinese President Xi Jinping.
Global funds, same tech bet? The diversification trap Indian investors may miss
Many Indian investors mistakenly believe they diversify their portfolios by adding foreign countries. However, numerous global indices often revolve around similar technology narratives, particularly in semiconductors. To achieve real diversification, investors must grasp the fundamental earnings drivers. Exploring Europe and Japan can unveil distinct economic pathways, offering a refreshing contrast. A thorough assessment of concentration risks and market dynamics is vital when engaging in international investments.
A global AI safety strategy depends on US-China cooperation. They each see the other as the problem
But both countries are vying for a decisive advantage on AI, with Trump warning that any efforts to regulate the technology would help China. That sets up a meeting in which any agreements might be superficial but a possible start to something larger.
China's Huawei sets 2027 launch for new AI chips as it targets Nvidia
The company is also working on ways to connect very large numbers of AI chips, allowing them to work together as one bigger computing system. Most advanced AI programmes require more processing power than a single chip can provide.
Global AI stocks fall as industry chiefs call for slowing development
Anthropic CEO Dario Amodei, in a lengthy essay shared on X on Saturday, called on AI companies to slow the rate at which they advance model capabilities amid mounting fears of misuse of artificial intelligence. Both Elon Musk, who runs xAI, and Sam Altman, CEO of OpenAI, said they agree with Amodei.
UAE revises AI data center plan after Iranian attacks, sources say
In light of recent attacks linked to Iran, the UAE is re-evaluating its extensive AI data center project. Officials are contemplating distributing facilities nationwide and incorporating enhanced security measures. Collaborations with prominent US tech companies like Nvidia and OpenAI will remain pivotal. Despite these adjustments, progress on the initial project phase proceeds with necessary security upgrades in place.
Global Market Today: Asian stocks open higher, oil rises after attacks
Asian stock markets saw gains thanks to a rise in US technology stocks on Friday. Oil prices also increased following tanker attacks between Iran and the US in the Strait of Hormuz. Investors are now keenly awaiting US inflation data that will influence Federal Reserve interest rate policies. Meanwhile, the yen showed volatility amid speculation regarding possible rate hikes by the Bank of Japan.
Global Market: Data centre boom fuels demand for power, cooling equipment suppliers
The global AI data centre boom is creating fresh opportunities for power and cooling equipment suppliers as developers race to overcome infrastructure bottlenecks. Rising demand for transformers, efficient power systems and liquid cooling is benefiting companies across Asia, although high valuations, supply constraints, competition and deployment delays remain key risks for investors.
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