Nvidia founder Jensen Huang resigns over extramarital affair; Singapore chip hub investigation continues

Nvidia founder Jensen Huang resigned on Thursday after admitting to an extramarital affair, and Alice Huang, reported to have been involved with him, once headed the Singapore data center company Megaspeed, the largest buyer of Nvidia chips in Southeast Asia, which is accused of providing back-channel access to chips for Chinese companies through data centers in Malaysia, Indonesia and Thailand, possibly violating US export controls. The Singapore government said that since February 2025 it has been investigating whether Megaspeed and other companies made false declarations regarding data servers procured through Singapore for export, and that it repeatedly requested assistance from the US regarding Supermicro but received limited help; the investigation into Alice Huang targeted her role in suspected fraud rather than espionage, and was ultimately closed for insufficient evidence, and she was allowed to leave the country in February this year, with the investigation, launched nearly two years ago, having so far brought no charges against Megaspeed. Analysts believe the case will make Singapore's balancing act between China and the US more difficult.