Nvidia's CEO Resigns After His Affair with a Chinese Spy Is Revealed

Nvidia makes the crucial chips that power almost all AI machines.

China is obviously interested in keeping those chips flowing to China, and perhaps picking up some details about how they're made and how they can be exploited.

And Nvidia's CEO, Jensen Huang, was just caught bang-banging a Fang Fang.

AF Post @AFpost

Nvidia CEO Jensen Huang has admitted to having an affair with a suspected Chinese spy in a message to his company amid media reports.

The company has announced an independent investigation into the matter, with the intent of determining whether Huang was the target of a foreign intelligence operation. Huang has apologized to his wife and children and says he takes "full responsibility" for his actions.

OSINTdefender @sentdefender

Nvidia announced in a statement Sunday that it is opening an independent investigation of CEO Jensen Huang, following reports that he had been targeted by a long-term foreign intelligence effort led by the Chinese Communist Party aimed at weakening the chip manufacturer's relationship with the United States and strengthening it with China.

Nvidia's Board of Directors said as part of the statement: "A committee of independent directors, assisted by outside independent counsel, will oversee the investigation. The Board prioritizes U.S. national and economic security, which is paramount to the interests of NVIDIA and its shareholders. While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board's inquiry will examine all available information."

I don't know if the suspected honeytrap used her affair with Huang to move chips to China. But she sure did move a lot of Nvidia chips to China:

Kalshi @Kalshi

BREAKING: Jensen Huang's lover helped move $7,500,000,000 in restricted Nvidia AI chips into China during affair

43% chance Jensen leaves as CEO before 2028

Seven and a half billion dollars' worth of AI chips. That's a lot.

She ran a front company whose mission was to evade restrictions on sales of AI chips to China.

The abrupt departure follows days of melodrama over Huang's admitted affairs -- two have been acknowledged by Huang, so you know there are more out there -- and the fact that his most recent paramour has all the appearances of being a ChiCom intelligence officer in addition to running a front company designed to bust U.S. restrictions on China's access to Nvidia chips. This has cost Nvidia about 30% of its stock value, or about $1 trillion- yes, that was with a "t"- since the affair broke on October 29.

...

Ms. Huang was an executive at Singapore-based Megaspeed, a major Nvidia customer that U.S. authorities have investigated for suspected diversion of advanced chips toward China. A recent New York Times investigation found that Megaspeed had no offices, facilities, or apparent employees despite accounting for between 10 and 15 percent of Nvidia's revenue. It ran from leased space inside an accounting firm that specialized in managing shell corporations.

And now Huang has resigned, so that Huang can spend more time with his Fang Fang Bang Bang.

Ed Ludlow @EdLudlow

BREAKING: Jensen Huang has resigned as Nvidia CEO. CFO Colette Kress will act as Interim CEO and earnings go ahead next week. The board will consider external candidates for CEO longterm.

Nvidia stock prices fell 13% on news of the resignation, but had already fallen a bunch since the disclosure of the scandal at the end of October.

Update: It's now reported he had two extramarital affairs, but I assume it's only the suspected Chinese spy they really care about. The second acknowledged affair was with Kimberly Powell, a Nvidia executive handling health care.

Ed Ludlow @EdLudlow

BREAKING: Jensen Huang has resigned as Nvidia CEO. CFO Colette Kress will act as Interim CEO and earnings go ahead next week. The board will consider external candidates for CEO longterm.

Below: China's own chip industry is rapidly catching up to our own.

Update: Insider trading from the world's ugliest perennial presidential candidate, Ro Khanna?

posted by Disinformation Expert Ace at 01:13 PM

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