Key Facts

• The New York Times reported last month that Nvidia founder Jensen Huang had a close relationship with Alice Huang.
• Megaspeed buys Nvidia chips and rents computing space to Chinese companies.
• The U.S. government had investigated allegations that Megaspeed smuggled chips into China; Nvidia and Megaspeed deny the allegations.
• U.S. intelligence officials reportedly concluded that Alice Huang was a Chinese intelligence asset who passed information to Beijing.
• The article says the intelligence behind that assessment is classified and does not identify which U.S. agency conducted surveillance.
• Jensen Huang told Nvidia employees he had been unfaithful to his wife and apologized for hurting his family.
• Nvidia appointed outside counsel to review the relationship and said it had no reason to believe secrets or national security were compromised.
• The article reported that Nvidia’s market value had fallen by about $600 billion amid the affair and reports about a possible board decision on Huang.