The Jensen Huang scandal is hardly over

The Verge
Jensen Huang resigned as Nvidia CEO amid affair and espionage allegations, but the scandal involving chip smuggling and political ties is far from settled.

Summary

Jensen Huang resigned as Nvidia CEO after reports of a second affair and board discussions about his ouster. The scandal centers on Huang's alleged affair with Alice Huang, an executive at Megaspeed, a company suspected of being a front for smuggling Nvidia chips to China and possibly linked to espionage. Megaspeed was Nvidia's largest Southeast Asian buyer but appeared inactive, and its director has vanished. Other scandals involve Super Micro executives allegedly defrauding the US to sell Nvidia chips to Alibaba and New Matrix, another approved buyer with ties to blacklisted firms. Nvidia reportedly intervened in a Commerce Department investigation of Megaspeed, and Commerce Secretary Howard Lutnick is under fire. Huang had close ties to President Trump, and Nvidia donated $25 million to Trump's ballroom project. With Democrats taking control of Congress, Senator Elizabeth Warren is expected to investigate, and Huang could face criminal charges if he knew about chip diversion. Nvidia's decision to remove Huang may be an attempt to limit its legal exposure, but the scandal is likely to continue.

(Source:The Verge)