$7.5 Billion in Nvidia Chips Reached China Through a Network Built by the CEO’s Mistress. The FBI Is In. The Stock Lost $470 Billion

The headline number in the Jensen Huang scandal just changed shape. The Information reports that at least $7.5 billion worth of Nvidia chips moved to Chinese firms through a network built by Alice Huang — the woman the CEO has now admitted having an affair with. Roughly 240,000 H100, H200 and A100 processors. Nvidia’s board is investigating whether its own CEO was the target of a foreign intelligence operation. The FBI is looking into it too. And the stock is taking the hits: down more than 4 percent Monday, down 6.4 percent Tuesday, on track for roughly $470 billion in market value erased over two sessions. What the new reporting actually says The story breaks down into a corporate structure, and the structure is what makes it legible. According to The Information, citing two people who know Alice Huang, she and her husband and sister built a network of companies across China and Singapore to acquire Nvidia hardware.

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