Jensen Huang resigns as Nvidia CEO after being reported to have had extramarital affairs with both a suspected Chinese spy and a subordinate executive
Jensen Huang Resigns After Having Another Affair In Addition to the Chinese Spy
Nvidia CEO Jensen Huang resigns and exits the board due to an extramarital affair scandal, with CFO Colette Kress serving as interim CEO. He was reported to have had extramarital affairs successively with Alice Huang, whom U.S. intelligence agencies identified as a Chinese spy, and with Kimberly Powell, a vice president and his direct subordinate. According to The Information, Shanghai Century Litong, founded by Alice Huang, obtained Nvidia preferred cloud partner status four months after its establishment and handled at least 7.5 billion US dollars in chips flowing to Chinese tech companies; according to FT, the Commerce Department delayed adding Megaspeed to the entity list. Congress is pushing to include chip export control provisions in the NDAA; Will Depue said his weight forensics show that new models from DeepSeek, Moonshot AI, MiniMax and Ant Group were trained on export-controlled Blackwell chips, and said this has been independently verified by researchers at OpenAI and Anthropic. The author believes the market views this as Nvidia's own problem, and that chip export controls and their enforcement will tighten.
The author connects Jensen Huang's resignation scandal with the path by which at least 7.5 billion US dollars in chips flowed to China and with the Commerce Department's delay in enforcing the entity list, presenting a shift in the direction of export controls.