Tech

Short-Seller Culper Research Published Information on Jensen Huang’s Affair Back in May

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 10/11/2026, 17:37:25 UTC.

Briefings

Culper Research published a May 2025 report alleging Nvidia had a 'China problem' due to zero revenue from China after April 2025 trade restrictions. Evidence suggests over 20% of FY 2026 compute revenues remained driven by China via illegal GPU diversion and Southeast Asian intermediaries. The report highlights a close relationship between Nvidia CEO Jensen Huang and Megaspeed's Alice Huang, noting they partied together in June 2024 and May 2025. A former Nvidia employee confirmed that every time Jensen visited Megaspeed, Alibaba reps were present, suggesting secret financing by Alibaba. The article notes the CIA likely knew about the affair, prompting Huang to publicly address the issue. The source is a short-seller report with unverified details.

Key points

• Culper Research published a May 2025 report alleging Nvidia had a 'China problem' due to zero revenue from China after April 2025 trade restrictions.
• Evidence suggests over 20% of Nvidia's FY 2026 compute revenues remained driven by China via illegal GPU diversion and Southeast Asian intermediaries.

Context

Culper Research is a short-seller that published a report in May 2025 alleging that Nvidia had a 'China problem' due to zero revenue from China after April 2025 U.S. trade restrictions. The finding matters because it challenges Nvidia's claim that its business in China went to 'zero' and suggests significant revenue streams may have been diverted or intermediated.

Limitations

Evidence is limited to a short-seller report and X thread with unverified details. Specific financial figures are estimates, and the source does not confirm the CIA's knowledge or the exact nature of the 'affair' details. Some claims about Alibaba financing are based on employee testimony rather than direct evidence. The report does not confirm the CIA's involvement or the exact timeline of the 'affair' details.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 15/11/2026, 01:45:56 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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