Nvidia-Jensen Huang Row Live Updates: Bessent, Lutnick clash over blacklisting Alice Huang-linked Megaspeed

Nvidia CEO Jensen Huang faces fresh scrutiny over an alleged relationship with healthcare VP Kimberly Powell, as the company investigates mounting personal and espionage-related controversies.

US President Donald Trump’s Treasury Secretary Scott Bessent has reportedly challenged Commerce Secretary Howard Lutnick over his department’s unwillingness to flag one of Nvidia’s customers, Megaspeed, a potential national security threat, in a confrontation in the Situation Room last week. Alice Huang, who is suspected to be a Chinese ‘spy’ and was having an affair with Nvidia CEO Jensen Huang, was a top executive at Singapore-based Megaspeed.

Nvidia CEO Jensen Huang, who is at the centre of controversy over his affair with a suspected Chinese ‘spy’ Alice Huang, has now come under the spotlight after it was reported that he had an extramarital relationship with an executive who reports to him. The company is probing Jensen in an internal investigation, and US President Donald Trump has said that the FBI has also launched an inquiry in the foreign intelligence effort.

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What New York Times report revealed

The New York Times reported that Nvidia co-founder Jensen Huang has a new relationship with Kimberly Powell, Nvidia’s vice president of health care, which hadn’t been reported earlier, citing five people who worked at the company. The report added that Jensen, 63, was seen getting cozy and affectionate with Powell, 48, at a hotel in San Jose, California, in a video from an Nvidia conference in March. Jensen and Powell are married to other people.

Nvidia scandal puts China chip sales under scrutiny

The Nvidia fallout has reignited a long-running debate over whether the United States should allow its most advanced Artificial Intelligence (AI) chips to be sold to China. Meanwhile, top Republican House representatives have sought a closed-door briefing with Jensen Huang on November 18 to discuss the allegations. The Nvidia Board of Directors is weighing the future of its CEO, as the semiconductor firm investigates the allegations that threaten to denigrate his legacy of over three decades.

Nvidia shares fall as company faces mounting scrutiny

Nvidia’s shares have plummeted sharply in after-hours trading on Wednesday, as the company lost nearly $300 billion in market value this week alone. Amid the allegations of a Chinese ‘spy’ acting at the behest of Beijing’s intelligence agencies, the country’s foreign ministry has denied the espionage claims.

What Jensen Huang said when asked about Kimberly Powell

When the NYT contacted Jensen and asked about the recent revelations of his alleged relationship with Nvidia’s vice president of health care, Powell, he said, “I don’t think you should be talking to me directly.”

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