Alleged Chinese spy in Nvidia scandal is living in Beijing, Bloomberg News reports
Alice Huang, the suspected Chinese spy in a scandal that has engulfed Nvidia CEO Jensen Huang, has returned to her home country, Bloomberg News reported on Wednesday, citing people familiar with the matter. Alice Huang is currently living in Beijing with the knowledge of security officials, the report added. Reuters could not immediately verify the report.
Nvidia's board of directors is preparing to dismiss CEO Jensen Huang following reports of two extramarital affairs, according to the Wall Street Journal. One of these relationships was with a company executive who reported to him, identified by the New York Times as Kimberly Powell, the vice president of healthcare. The Wall Street Journal also reported that one affair involved a suspected Chinese spy.
Bloomberg News reported on Wednesday that the suspected spy, Alice Huang, has returned to her home country and is currently living in Beijing with the knowledge of security officials. This investigation has raised questions regarding Megaspeed, a company helped lead by the suspected spy that has purchased nearly $5 billion in AI chips and hardware from Nvidia. Megaspeed denies any wrongdoing, according to CBS News.
The company's shares fell approximately 8% in after-hours trading, contributing to a roughly $600 billion loss in market value this week since the board announced its investigation. Le Monde English reported that the board was preparing to dismiss the founder on Wednesday evening.
Brief written by urgent.news from The Korea Times, Jerusalem Post, CBS News, Le Monde English — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
