reports that he had affairs

Nvidia co-founder and former CEO Jensen Huang admitted to cheating on his wife of 40 years, engaging in affairs that could have significant ramifications. One of Huang's likely romantic interests, Megaspeed executive Alice Huang, is suspected to be a Chinese spy feeding information back to Beijing. Megaspeed, a Singapore-based AI infrastructure company, purchased $4.8 billion in Nvidia chips over the past two years, leading to investigations by the U.S. and Singapore over suspicions that the company was illegally sharing chips with China. The Justice Department now handles the federal investigation.

Huang also allegedly had an extramarital relationship with Nvidia's vice president of healthcare, Kimberly Powell, who reports directly to him. Huang later stepped down as CEO, with interim CEO Colette Kress taking over. The controversy has led to speculation about a potential successor and potential legal implications, as Huang is scheduled to testify in Congress before Thanksgiving.

Nvidia's stock has dropped significantly in after-hours trading, and the company is conducting a larger search for a permanent successor. Huang's involvement in the controversy has raised concerns about the U.S.-China technological arms race and Nvidia's role in it.