The boss of Nvidia, one of the world’s most valuable companies, has admitted to an affair. But this is no ordinary corporate scandal. The twist? The woman involved is suspected of being a Chinese spy.
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CEO Jensen Huang is now at the centre of an internal investigation of whether he has been the target of a “foreign intelligence effort” at Nvidia. The company, which is worth £3.5 trillion, sits at the heart of the global AI race. The biggest tech firms, think everyone from Amazon to Microsoft and Google to Meta, use Nvidia computer chips, making Nvidia strategically vital to America’s competition with China.
The tech giant’s stock plummeted by almost 8% when markets opened despite Nvidia denials that company secrets - or America’s national security - has been compromised. Meanwhile the Chinese government has also rebuffed the accusations calling them “baseless”.
So what’s really going on? What could a foreign intelligence operation hope to gain from a company like Nvidia? What information might be valuable to a spy? And what could this mean for the global balance of power in the AI race?
In this episode of The Fourcast, our Data Correspondent Ciaran Jenkins and Economics Editor Helia Ebrahimi are joined by Tahlia Peterson, a fellow in the Cyber and Tech team with RUSI, to unpack the story and explain why an affair at one of the world’s biggest companies could have far reaching consequences far beyond Silicon Valley.
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