Nvidia is the talk of the world right now. The company's co-founder Jensen Huang has been ousted from the company, following claims of multiple affairs: one said to be with a suspected Chinese intelligence asset, and another an alleged with an executive at Nvidia.

These events and more had put pressure on the company's board to consider ousting the co-founder and CEO, who has now been replaced by CFO Colette Kress acting as interim CEO; at least until a suitable replacement can be found.

To better understand these events, the wider context of what's at stake, and why chip smuggling and export controls are also a part of the conversation, check out our timeline below.

New York Times report on Jensen Huang's unclear relationship with an alleged Chinese spy, Alice Huang.

Alice Huang was the managing director of Megaspeed, a datacentre company in Singapore that imported billions of dollars worth of Nvidia GPUs. Her husband, Kang Wei, is a private equity investor.

Megaspeed had been subject to an investigation for chip smuggling, but Nvidia and the company say it was cleared of suspicion.

Megaspeed statement from December, 25: "We want to be absolutely clear: over the past six months, our company has undergone multiple on-site inspections and reviews by key institutions, including the Bureau of Industry and Security of the US Commerce Department, the Ministry of Investment, Trade and Industry of Malaysia, and Nvidia.

Source link