A timeline of the affair scandal that sank Nvidia’s Jensen Huang
Also reported by Al Jazeera, France24, Guardian World, The Hill, Newsweek, BBC US, CBS News, BBC World, Axios, PBS NewsHour, ABC News, Guardian Tech, BBC Tech, BBC Top Stories, Ars Technica
Summary
Jensen Huang stepped down as Nvidia’s CEO after more than 30 years leading the company. The departure followed reports of personal relationships with two Nvidia executives and U.S. scrutiny of Megaspeed over suspected diversion of Nvidia AI chips to Chinese firms.Key Facts
- Huang led Nvidia from its 1999 public listing until his departure in 2026.
- Megaspeed separated from Chinese video game company 7Road Holdings in March 2023.
- In November 2023, Megaspeed was sold to Singapore-based Swiftdata and later became an Nvidia cloud partner.
- U.S. officials suspected Megaspeed of diverting advanced Nvidia chips to Chinese firms, and the Commerce Department began investigating in September 2024.
- Megaspeed received 200 shipments of Nvidia AI chips in 2024 and 2025 and rented computing power to firms including Tencent and Alibaba.
- Huang and Alice Huang were seen together in Taipei in June 2024.
- China denied that Alice Huang was an intelligence asset and called the allegation a smear.
- Nvidia lost more than $600 billion in market value after the scandal emerged.
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