Get Five free: the five Saudi business stories that matter, in your inbox by 7am. Subscribe →

The head of the world's most valuable chipmaker admitted to an affair on Sunday, after reports linked him to a woman US intelligence suspects of spying for China. His company's board is now investigating.

Here is how it unfolded, in eight panels.

Nvidia: The Human Factor, a news comic, panels 1 and 2Panels 3 to 6Panels 5 to 8
Comic footer and sources

Panels 2 and 8 are labelled satirical scenes and are fictional. The espionage allegations remain unproven.

What happened

Jensen Huang, who co-founded Nvidia in 1993, told employees he had been "unfaithful" to his wife in a letter the company published on Sunday. "There is no excuse for what I did," he wrote, adding that he takes full responsibility and will cooperate with an independent investigation by Nvidia's board.

Huang did not name the woman. The New York Times reported last month that US intelligence agencies concluded Alice Huang, a former executive at Singapore-based cloud provider Megaspeed, was passing information to Beijing, and that she had built a close relationship with the Nvidia chief. The two are not related.

The denials

Nvidia has said its CEO's dealings with Megaspeed were routine, and that regional cloud customers receive ordinary business information and "zero information relevant to national security." Beijing called the reports "groundless speculation." No one has been charged.

What comes next

Three House Republican committee chairs have asked Huang for a closed-door briefing on Nov. 18, the day after Nvidia reports quarterly results. Nvidia has said Huang will keep leading the company without interruption.

Why it matters for Saudi Arabia

The kingdom is building its AI industry on Nvidia chips. Humain, PIF's AI company, is one of the chipmaker's biggest customers in the region, and every large shipment to the Gulf depends on US export approval.

A scandal that puts Nvidia's dealings with Asian cloud customers under the microscope in Washington could make that approval process slower and more political, just as Saudi Arabia races to secure computing power.

Follow CapitalSA on LinkedIn for the Saudi business stories that matter →

Keep reading