All eyes are on Jensen Huang after it was revealed the Nvidia CEO had an extramarital affair with a woman who’s alleged to be a spy for China. Will Huang step aside, amid calls from both Democrats and Republicans for him to do just that? Nobody knows for sure at this point.
What’s been getting less attention, however, are the behind-the-scenes battles within the federal government. What did members of the Trump regime know about the affair, and when did they know it? And why hasn’t Singapore-based Megaspeed been restricted from getting Nvidia chips yet?
Both Axios and the New York Times have new reports Wednesday claiming that Treasury Secretary Scott Bessent confronted Commerce Secretary Howard Lutnick in the Situation Room of the White House last Thursday, asking about why Megaspeed hadn’t been banned from receiving advanced Nvidia chips. Lutnick reportedly responded he was concerned that new restrictions “will start a trade war with China.”
The alleged Chinese spy, Alice Huang, is an executive at Megaspeed, which has allegedly diverted Nvidia chips to customers who are legally prohibited from buying them. Megaspeed has purchased about $4 billion worth of chips in recent years, according to the Times, some of which have been sent to sanctioned entities.
