Alice Fang, who is said to be the mistress of NVIDIA CEO Jensen Huang, reportedly took approximately $7.5 billion worth of the company's AI semiconductors to China. Reports said the chips were secured and supplied through several corporate networks based in Shanghai.
The alleged affair between Alice Fang, who was suspected of being a Chinese spy, and NVIDIA CEO Jensen Huang was reported, and Fang was accused of taking semiconductors worth approximately $7.5 billion to China.
Alice Fang reportedly built a complex corporate network linking China, Singapore and Malaysia with a man said to be her husband and her sisters, and used it to secure NVIDIA chips. The New York Times reportedly said it had not confirmed whether they were married.
The chips were reportedly supplied on a priority basis through Shanghai Shijili Tong, Megaspeed and Speedmatrix. As orders were delayed by US export controls on China, Fang was accused of using her position as a Megaspeed director to leverage the relationship and secure the chips.
The high-performance NVIDIA semiconductors involved reportedly totaled 240,000 units, comprising H100, H200 and A100 chips, and were used for AI model training and other purposes. Alice Fang and CEO Huang were reported to have met repeatedly around the world and to have displayed intimacy at local events.