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    Nvidia's Spy Scandal Becomes a Washington Chip Reckoning

    Jensen Huang is out at Nvidia after the New York Times reported he was the apparent target of a Chinese intelligence operation, with the woman at the center of the story described as an alleged spy. The fallout has moved almost instantly from gossip to policy: Treasury Secretary Scott Bessent says the company needs a “dramatic shakeup,” wants an outside CEO, and has given Nvidia ten days to explain whether it pushed “seemingly illicit” chip sales to China. Congress is now drafting tighter export rules, while Commerce Secretary Howard Lutnick is accused of narrowing chip curbs that happen to affect a client of his former firm, Cantor Fitzgerald, whose Malaysia data center may serve Tencent. Nvidia separately asked Taipei for help after Taiwanese prosecutors accused an employee of helping smuggle AI chips into China. The instructive part is how quickly a chief executive's private conduct became a national-security file — and how many officials with their own conflicts are now writing the

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