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Nvidia scandal: What are Alice Huang and MegaSpeed?

The fallout is growing after Nvidia CEO Jensen Huang acknowledged an affair. CNBC reported on Nov. 9 that Nvidia’s board has launched an independent probe into national security concerns raised in media reports. The New York Times reported U.S. intelligence agencies suspect MegaSpeed executive Alice Huang is a Chinese intelligence asset. MegaSpeed provides GPU computing resources via Southeast Asian data centres. Market reaction was swift, with Nvidia shares falling in U.S. premarket trade and in Frankfurt.