Re:Nvidia prepares to fire CEO Jensen Huang, WSJ reports
by 101011 on Wednesday November 11, 2026 @07:51PM
(#50461428)
The timeline of the Chinese spy stuff raises serious concerns - the Chinese company created the shell company and days later inked a massive deal with NVIDIA. There are federal sanctions against this... that's not a poor business judgement?
> For Ms. Huang, there was reason to celebrate. Backed by wealthy investors in Shanghai, she had just restructured a company that would soon buy billions of dollars in Nvidia artificial intelligence chips. The U.S. government had barred Chinese companies from buying the advanced chips, but Ms. Huang had sidestepped this prohibition by creating a firm, Megaspeed, through a Singaporean shell company.
> Her close relationship with Nvidia’s leader also appeared to smooth the way. Four days after the ownership change Megaspeed was named a Nvidia cloud partner, giving it access to the coveted components.
> For Ms. Huang, there was reason to celebrate. Backed by wealthy investors in Shanghai, she had just restructured a company that would soon buy billions of dollars in Nvidia artificial intelligence chips. The U.S. government had barred Chinese companies from buying the advanced chips, but Ms. Huang had sidestepped this prohibition by creating a firm, Megaspeed, through a Singaporean shell company.
> Her close relationship with Nvidia’s leader also appeared to smooth the way. Four days after the ownership change Megaspeed was named a Nvidia cloud partner, giving it access to the coveted components.