Zoe Kleinman: Nvidia CEO's affair will cause ripples across US and beyond

In a nutshell, this is about the bitter rivalry between the US and China, as well as whether Jensen Huang has betrayed the US as well as his wife. "Whoever wins AI, wins," as US President Donald Trump puts it. He thinks that the country with the more dominant AI technology will benefit the most from it and, ultimately, will be the most powerful in the world. He may well be right.

It sets its prices accordingly: a single unit of the firm's latest kit for data centres starts at £37,000 ($50,000). A medium or large site might have hundreds of them. The US administration initially slapped an export ban on Nvidia's more recent devices to prevent China from taking advantage of their superior capabilities. It has since softened the rules a little.

But there are suggestions that Alice Huang's company, Megaspeed, may have been involved in sneaking them into the country while she was in charge. Bloomberg reported that the firm bought billions of dollars worth of Nvidia tech in November 2025. Megaspeed denies that it was used illegitimately.