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Source: Nvidia's board is working with an outside firm to identify possible replacements for Jensen Huang and weighs naming a temporary CEO during the search (Bloomberg)

Nvidia Corp.'s board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen …

Nvidia CEO Jensen Huang is accused of having an extramarital affair with Alice Huang, a woman reportedly linked to Chinese espionage. According to Reuters, citing The Information, this relationship may have facilitated the shipment of up to S$9.6 billion worth of Nvidia chips to Chinese companies. Alice Huang, once an executive at Singapore's Megaspeed, is believed to have established a network of firms to procure Nvidia's chips.

A Shanghai-based company, Shanghai Century Litong, set up in 2023, is central to this network. By October 2023, the company had secured privileges to access Nvidia's chips. Despite export restrictions, Alice Huang utilized her connection with Nvidia and its distributors to transport these chips to China, where they have been utilized by firms like Alibaba, Tencent, and various AI startups. Nvidia has declined to comment on these allegations.

Written by urgent.news from Mothership's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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