Public Companies

Nvidia CEO Out as Spy, Affair Probes Swirl

CNBC reports Jensen Huang resigned as Nvidia CEO amid probes tied to Alice Huang and Megaspeed chip sales.

StartupHub.ai Staff

By StartupHub.ai Staff, reviewed by Daniel Singer, Editor

1 min read

CNBC reports Jensen Huang resigned as Nvidia CEO after a $150 billion AI run.

Nvidia CEO Out as Spy, Affair Probes Swirl - CNBC
Nvidia CEO Out as Spy, Affair Probes Swirl, CNBC

Alice Huang worked with Singapore-based Megaspeed as it bought nearly $5 billion in restricted Nvidia chips, per CNBC.

"Every company makes mistakes, and I make a lot of them," Huang said.

Those $200,000 A100 boards trained early OpenAI models before 2022 bans forced three redesigns, per CNBC.

The Trump administration later cleared restricted sales for a 25% U.S. cut, but Beijing blocked large imports, per CNBC.

The New York Times reported U.S. intelligence identified Alice Huang as a spy as TSMC manufacturing bets $265 billion on Arizona fabs, per CNBC.

Mentioned in this story

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TopicsNvidiaJensen HuangMegaspeedTSMCExport Controls

StartupHub.ai Staff

Written by

StartupHub.ai StaffEditorial team

The staff writers of StartupHub.ai, ranging from investment analysts to avid AI tool users, early adopters and critical enthusiasts. Backgrounds span engineering, business and the arts. We hold every piece to rigorous standards of research and review.

Daniel Singer

Reviewed by

Daniel Singer is an AI expert who has been writing about, covering and building AI technology since 2018.

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