Nvidia faces deepening scrutiny over China chip ties, CEO affair

Nvidia shed about $430 billion in market value over two sessions as new reports deepened questions about CEO Jensen Huang’s relationship with a Chinese businesswoman alleged to be a spy for Beijing.

The controversy escalated on several fronts on Tuesday as allegations emerged that Huang’s relationship with Alice Huang aided at least $7.5 billion in Nvidia chip shipments to China and ‌that US Secretary of State Marco Rubio had previously briefed President Donald Trump on the affair.