Vivek Wadhwa

the us government should be firing on all cylinders to get to the bottom of the jensen huang scandal. instead trump is acting like it literally does not matter… discussed what’s next w/ @sruhle @msnownews

Almost everyone I know seems skeptical of Indian development. And yet India keeps defying the skeptics. noahpinion.blog/p/india-is-q…

JUST IN: Filings show both of Jensen Huang's children are on Nvidia's payroll with $1,000,000 salaries despite "non-technical" backgrounds

JUST IN: Jensen Huang's yearslong ties to Alice Huang enabled more than $7 billion of Nvidia chip sales to China, per The Information. It reports that she, her sister and her husband built a web of companies in China and Singapore. That network moved about 240,000 super advanced Nvidia Ai chips, worth at least $7.5 billion, to Chinese buyers. It cites 2 people who know her. The hub, by that account, was Shanghai Century Litong. It was founded in June 2023 and became an Nvidia preferred cloud partner by October, which put it near the front of the queue. When export rules stalled orders, The Information says, Alice Huang leaned on her links inside Nvidia and among its distributors. Some of the hardware ended up serving Alibaba, Tencent and smaller Chinese labs. The report adds that 'Megaspeed', the Singapore cloud firm where she held a senior role, set up a Malaysian unit called Speedmatrix back in 2024. Its equipment later reached Century Litong. Reuters could not verify the report. Nvidia, Megaspeed and Century Litong did not immediately comment. Megaspeed has denied wrongdoing before. Nvidia said in October that diversion claims against Megaspeed had been investigated and debunked. The New York Times reported in October that US officials concluded Alice Huang was a Chinese intelligence asset. China's foreign ministry calls that a smear. On Sunday Jensen told staff he had been unfaithful to his wife. His board opened an independent review with outside counsel and said it has no reason to believe national security or company secrets were compromised. President Trump says the Federal Bureau of Investigation is looking into it, and that Jensen told him he had no idea she was a spy. The New York Times now reports that the Justice Department asked Commerce to pause its part of the Megaspeed probe after an Nvidia representative contacted Commerce investigators. Washington is moving fast. House China committee chair John Moolenaar says Congress must "get to the bottom" of it. 3 House chairs want Huang at a closed-door briefing on 18th November and asked for his answer by 11th November. Senators Jim Banks and Elizabeth Warren want tighter chip export limits written into the defence bill. Democrats, who won both chambers in last week's midterms, say Congress will investigate. A shareholder has already sued Nvidia and Huang in San Jose, claiming investors were misled. Investors have already marked the stock down. Nvidia closed at $178.67 on Monday, down 4.27%, and traded near $171.57 on Tuesday morning. That is about 8% in 2 sessions, or roughly $360 billion of value. Bank of America took it off its US 1 List of best ideas but kept its Buy rating. Wells Fargo cut its target to $300 from $315, and Aletheia Capital moved to Hold. The business reports on 17th November. Nvidia guided to $108 billion of revenue, plus or minus 2%, which tops out at $110.16 billion. Analysts expect about $108.8 billion to $109.2 billion. Nvidia has beaten the top of its own range in each of the last 9 quarters. Its thinnest cushion was 2.6% over the midpoint, in the quarter that ended in April 2025. The way things are happening, a highly likely scenario is that the 17th November release shows revenue above $110.16 billion. This is very likely! The guide already leaves out China data centre sales, and every allegation so far concerns where chips went in past years. I am wrong if reported revenue for the quarter is $110.16 billion or less.

After being wrongfully fired by @washingtonpost in the aftermath of the Charlie Kirk killing, an arbitrator ruled that the Post reinstate me with full back pay. But I have decided not to return to what the Washington Post has become. More here: karenattiah.substack.com/p/m…

New: The Commerce Dept investigation into Megaspeed, the firm led by the Chinese spy who had a relationship with Jensen Huang, was suddenly suspended last year after an interaction between Nvidia and a top Commerce Department official. nytimes.com/2026/11/09/busin…

Excellent on ground report. Shows how the Chinese will go to any length to put down India, showing underdeveloped areas in Dhaka as places in India. The other way to look at it is to discern so much insecurity about India. en.prothomalo.com/bangladesh…

Taiwanese semiconductor analyst Andrew Lu’s take on the recent scandal involving Jensen Huang: Why the US Seized on the Scandal to Draw Its Sword: Three Strategic Objectives The purpose of this scandal is by no means to expose an affair. It is to force through three critical objectives that had made no headway in the tech war between the US and China because Jensen Huang opposed them. The first cut: Completely destroy the legitimacy of Jensen Huang's lobbying against sanctions in Washington Over the past two years, the loudest and most influential business leader in Silicon Valley opposing a total ban on chip exports to China has been Jensen Huang. He has told the White House the same thing all along: "Cede the Chinese market to Huawei, and the only one that ends up dead is the American tech industry." But the moment US intelligence labels the woman named as Huang's affair partner "a spy working for China's Ministry of State Security who sought to steer the US toward easing its chip controls," every bit of lobbying he has done for looser controls takes on an entirely different political meaning. It becomes a national security matter, raising the possibility that a foreign spy used a secret relationship to exert influence. Huang can no longer say a single word in defense of the Chinese market before Congress or the White House. If he does, he will be branded as someone who "fell for an intelligence operation and still hasn't come to his senses." The second cut: Reverse the H200 export approvals for China and sever the link between Chinese shell companies and Southeast Asian smuggling networks Look at the timing of the two reports. On November 8, the very day the Jensen Huang scandal broke, The New York Times published an investigation for which its reporters went in person to dozens of Chinese companies that the US Commerce Department had approved to handle Nvidia's H200 chips. New Matrix in Beijing was one of them. According to the report, the registered addresses of companies approved to buy the chips turned out to be empty "ghost offices," and some of the companies had close ties to entities on US sanctions lists and to firms under contract with the Chinese military. One exposé says Nvidia's CEO was having an affair with a female spy from Megaspeed, the Singapore company that handled the chip smuggling. The other says the Chinese companies Commerce approved to buy H200s are nothing but shell companies trading on behalf of the Chinese military. The aim of these two reports is clear. They are meant to pressure the Trump administration and the Commerce Department into fully revoking or freezing H200 export approvals for China and, going further, to force a sweeping overhaul of the loophole that let chips be diverted through data centers run by third parties in Singapore and elsewhere in Southeast Asia. The third cut: Put Nvidia on a national security leash through congressional oversight and an independent investigation As the world's largest company by market cap and the dominant force in AI, Nvidia has until now enjoyed broad autonomy in how it runs its business. But in the wake of this incident, the three congressional committees responsible for China, foreign affairs, and intelligence have begun examining Nvidia's internal security measures directly. They have even pressured Nvidia's board into forming an independent investigation committee to look into the company's own founder and CEO. In effect, Washington's national security establishment has planted a watchdog right inside Nvidia's board. From now on, the goal is to make sure that everything, down to where each and every one of Nvidia's high performance chips ends up, conforms strictly to US national security strategy. It also means there is no more room for skirting the edge of the rules or releasing chips with specs specially tailored to regulatory thresholds. Conclusion "The scandal was a detonator set off right on cue. The real goal was to plug the holes chips were leaking through." Jensen Huang made the fatal mistake of letting his guard down in his private life and personal relationships. In the end, he fell into a honey trap, the textbook tactic of intelligence warfare, and was compromised. America's national security and intelligence agencies ruthlessly exploited the weakness his private life had exposed. As a result, they solved three thorny problems in a single stroke: Nvidia's lobbying at the White House to ease restrictions on China, the flow of H200 chips into Chinese shell companies, and smuggling routed through Singapore. The closed congressional hearing set for November 18 will be the decisive turning point at which the US moves in earnest to tighten its sanctions on China's AI compute even further.

The power of spinach in old cartoons 💪🤩

The interesting thing about AI agents is that as a theoretical matter, their inference can kind of run anywhere. AI is one of the few areas of technology that isn’t *as* sensitive to latency back to the user. Long running agents are now going to be the norm, which means it’s ok to send off work to an AI factory somewhere and that work can essentially be largely done within that remote data center and a final result spit back to the user. The data can pass into these systems in an encrypted manner, be combed through by agents, and then disregarded right after. And because the economic value of the task is so high relative to the latency sensitivity (eg getting back $500 in value from an automated task, but it takes an extra second to return), you don’t have to have the inference to be particularly close to the user. Also, because inference is a temporary process with no sensitive data needing to be stored long term where the inference is happening, you can effectively treat AI factories as ephemeral systems, changing some of the data residency dynamics slightly. Combined, this means you have more flexibility in where you can begin to deploy AI data centers. This is both a huge economic opportunity for the states or countries (or space) that want to take advantage of this fact. And it’s a loss to the states or countries that decide to forgo the opportunity.

🌊💙 WE WERE ALWAYS BLUE

Data centers are a keystone in the future economy. The US can’t prosper without them. Here’s my message to US politicians: exponentialview.co/p/dont-wa…