WHAT’S HAPPENING
Nvidia CEO Jensen Huang admitted Sunday to an extramarital affair, with separate reports identifying the mistress as Alice Huang, a Chinese businesswoman whom US intelligence officials believe is a spy.
The revelation has triggered an FBI investigation, while Nvidia shares plummeted after reports emerged that Alice Huang's network facilitated $7.5 billion in chip shipments to Chinese firms. Since Nvidia makes the AI chips at the center of the US-China tech race, this scandal raises the question of whether Beijing gained access to restricted chips or company secrets.
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