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Australia news live updates: Nvidia braces for $521b hit after CEO Jensen Huang’s affair with suspected China spy; Russell Brand sentenced to 10.5 years jail for rape conviction

The Australian Financial Review (AFR) •
November 09, 2026 • 02:32 PM
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Nvidia is set for a plunge in share price after CEO Jensen Huang admitted an affair with a suspected Chinese agent; former British comedian Russell Brand sentenced to 10.5 years. Follow live updates.

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China dismisses as a smear campaign claims of a spy plot involving Nvidia CEO

Nvidia set to wipe out $521 billion after CEO admits affair

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Suspected China spy Alice Huang spent years in Nvidia’s orbit

China denied it engaged in an attempt to ensnare Nvidia CEO Jensen Huang in an affair with a businesswoman , saying the spying allegations were unsubstantiated and a smear campaign against Beijing.

Huang has acknowledged he had been intimate with a business executive, issuing an apology to his wife and to the company in an open letter posted on Nvidia’s website. The woman has been named as Alice Huang, the founder and executive of a company called Megaspeed, which did business with Nvidia.

Nvidia announced Sunday it was conducting an independent investigation into reports that Huang was the “target of a foreign intelligence effort.”

The New York Times reported that US intelligence determined that the woman was gathering information for Beijing.

“I support the investigation and will cooperate fully. I love our country and our company. I am committed to protecting NVIDIA and supporting America’s national security,” Huang said in his letter.

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Nvidia’s Jensen Huang expected to testify before Congress amid calls for crackdown on China chip exports – live

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1h ago
How Jensen Huang’s exit from Nvidia impacts China’s AI supply chain

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