Nvidia’s chip advantage made its CEO a target for China

Nvidia is investigating its chief executive, Jensen Huang, over an alleged relationship with Alice Huang, a businesswoman accused by US intelligence services of passing information to Beijing. The case has drawn attention to the security risks surrounding the AI industry and the tension between China and the United States, as well as Nvidia’s central role in the global chip market.

Nvidia said it had no reason to believe national security or company secrets were compromised. The article says Nvidia controls an estimated 80% to 90% of AI accelerator revenue and earns more than $100 billion a year from its data-centre GPUs; its latest high-end chips can cost close to $60,000 each. The company is valued at more than $4 trillion, while major technology firms depend on its chips to train and run AI systems.