Report: fallout from a possible departure of Jensen Huang may slow Gulf AI buildout

NVIDIA CEO Jensen Huang may step down over an affair with a woman described by a U.S. intelligence official as a Chinese spy, and the fallout may slow Gulf AI buildout that depends on advanced U.S. chips. The article says concerns about China obtaining U.S. technology through intermediaries have already forced PIF-owned HUMAIN and Abu Dhabi-backed G42 to fight hard for chip supply, and this scandal will further intensify scrutiny, with U.S. lawmakers already pushing new restrictions on chip diversion. Commerce Secretary Howard Lutnick had approved the supply of tens of thousands of advanced GPUs to Saudi Arabia and the UAE, and he is accused of shelving action against a Singapore company involved in the Huang scandal; the Commerce Department denies this. Dubai property tycoon Hussain Sajwani said at the Bloomberg Invest Dubai conference that NVIDIA is the most important company in the world today and that it would be a major loss if Huang were forced to leave; he expects early investments in Anthropic, OpenAI and SpaceX to bring "billions of dollars in profit."