NEW YORK, Nov 10 — AI chip behemoth Nvidia was plunged into turmoil yesterday after CEO Jensen Huang acknowledged having an affair, with reports saying US officials believe the woman was spying for China.
Beijing denied the claim, but shares of the chipmaker tumbled after Nvidia’s board opened an inquiry into reports that Huang had been “the target of a foreign intelligence effort.”
Nvidia shares closed more than four per cent lower, after being down nearly nine per cent earlier in the session.
Late last month, The New York Times reported that US intelligence officials had determined Alice Huang, a Chinese executive linked to Singapore-based data centre company Megaspeed, had been funnelling information to Beijing.
