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Christian Lamarco, a 31-year-old trader, published a report alleging Nvidia CEO Jensen Huang had an extramarital affair with a woman suspected of working for Chinese intelligence. The firm Culper Research claims this relationship represents a significant China problem for the chipmaker. Following the release, Nvidia stock dropped 20% and the company lost more than $1 trillion in market value.
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Summary by ByteBrief

Nvidia CEO Admits Affair With Suspected Spy

Nvidia Faces China Smuggling Scandals

The Nvidia spy scandal exposes networks operating in Singapore that help Chinese tech companies access advanced US AI chips and circumvent export controls (Owen Walker/Financial Times)