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Nvidia CEO affair linked to alleged $7B chip smuggling

Korean outlets report that Nvidia CEO Jensen Huang admitted to an affair with Alice Huang, a Chinese executive at a Singapore-based company suspected by the U.S. of smuggling AI chips into China. The Korea Times says U.S. intelligence officials accuse her of spying for Beijing, and Business Korea reports the affair may be tied to Chinese intelligence espionage. Nvidia has opened an independent probe into the CEO amid the allegations, and the scandal has triggered a market rout, with Nvidia on track to shed over $470 billion in market value over two sessions, according to the Korea Times. The affair is also raising national security concerns in the U.S. and may test the fragile U.S.-China truce, with calls in Washington to tighten semiconductor export controls, the Korea Times reports. Korean reactions focus on the security implications, with the Korea Times noting the scandal has put Korea on alert, while Business Korea highlights the adverse effects reaching beyond the company. The Hankyoreh frames the affair as either a Chinese honey trap or simple infidelity, reflecting divided opinion on the motive behind the relationship.

  1. How China gets the Nvidia chips it needs to develop AI Korea Times · 2026-11-10
  2. 'Honey trap': Nvidia spy scandal puts Korea on alert Korea Times · 2026-11-10
  3. Nvidia Opens Independent Probe Into CEO Amid China Spy Allegations, Raising Security Concerns Business Korea · 2026-11-09
  4. Nvidia heads for $400 bil. 2-day wipeout as CEO affair fallout deepens Korea Times · 2026-11-10
  5. Nvidia scandal may test fragile US-China truce, experts say Korea Times · 2026-11-10
  6. U.S. Tightens Tech Curbs on China After Nvidia Scandal Business Korea · 2026-11-10
  7. The Huang affair: A Chinese honey trap, or simple infidelity by Nvidia CEO? Hankyoreh

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