The allegations have prompted Nvidia’s board to launch an independent investigation
The allegations have prompted Nvidia’s board to launch an independent investigation after reports that Jensen Huang, 63, had developed a close relationship with the businesswoman. Megaspeed began making multibillion-dollar purchases of advanced Nvidia chips around 2024, according to The New York Times. The company reportedly bought more than $4.8 billion worth of Nvidia processors over two years, making it one of the chipmaker’s biggest customers in Southeast Asia.
China’s Ministry of State Security recruited Alice Huang to gather intelligence on the chipmaker’s chief executive and potentially influence the company’s decisions on advanced artificial intelligence (AI) chip sales to China, according to a report by The New York Times. Alice Huang, a Chinese businesswoman accused by US intelligence agencies of working for Beijing, has emerged at the centre of a major controversy involving Nvidia CEO Jensen Huang. The Nvidia chief has separately admitted to being unfaithful to his wife and apologised to his family and colleagues. However, the company has maintained that it has no reason to believe its trade secrets or US national security were compromised.
Beijing’s objective was potentially to gain insights into Nvidia’s operations and influence its position on allowing China access to advanced AI processors, according to the intelligence assessment cited by The New York Times. Huang is also understood to have developed connections with senior executives across the AI chip industry. She attended technology conferences and private business dinners and had professional links with leaders at companies involved in assembling Nvidia-powered supercomputers.