Alleged Chinese Spy Who Had Affair With Nvidia CEO Is Back in Beijing: 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 affairs involved a suspected Chinese spy, according to the Wall Street Journal. The New York Times reported that Huang had an affair with Kimberly Powell, the company's vice president of healthcare, who was an executive reporting to him.

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. The investigation into Huang's relationship with the alleged spy has raised questions regarding Megaspeed, a company the suspected spy was helping to lead. Megaspeed, which has purchased nearly $5 billion in AI chips and advanced hardware from Nvidia, denies any wrongdoing, according to CBS News.

Nvidia's shares fell approximately 8% in after-hours trading, contributing to a loss of about $600 billion in stock market value this week since the board announced its investigation. The Wall Street Journal noted that the company does not currently have a succession plan in place.

Brief written by urgent.news from The Korea Times, The Korea Times, Jerusalem Post, CBS News, Le Monde English — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.