What happened?

Nvidia CEO Jensen Huang admitted to an affair with a woman suspected of being a Chinese spy. According to The Verge, the relationship reportedly took place while her spying was known to US intelligence and even President Donald Trump.

Why it matters

Huang runs one of the world's most valuable companies and controls the in-demand technology fueling the AI boom, making him a predictable espionage target. His admission, however, came as a shock.

The fallout

Experts tell The Verge the impact goes beyond his marriage, his reputation, or Nvidia itself. The outlet reports the incident threatens the US position in the AI race against China.

The development follows earlier coverage of the Huang investigation, the stock drop, and his summons to Congress.