Nvidia probes alleged Chinese intelligence operation targeting Jensen Huang

Nvidia has announced an independent investigation after reports that its chief executive, Jensen Huang, was targeted in an alleged Chinese intelligence operation. The claims have intensified scrutiny of the AI industry and US concerns about China’s access to advanced chips.

Reports allege that Alice Huang, who worked for Singapore-based data centre company Megaspeed, was recruited by China’s Ministry of State Security and entered a relationship with Jensen Huang. Megaspeed has been suspected of routing Nvidia chips to China in breach of export controls. Huang acknowledged being unfaithful to his wife and apologised to his family and Nvidia staff; meanwhile, Asian markets broadly rebounded, with Japan’s Nikkei up 2.2% and Taiwan’s TAIEX almost 5%.