Key facts
- Nvidia's board has been holding an urgent meeting on Jensen Huang's position, multiple US media outlets reported, per Nikkei Asia.
- The New York Times reported, citing senior US policymakers, an allegation that Alice Huang is a Chinese spy.
- Samsung Electronics agreed to pay 10.5% of its memory unit's operating profit as a special bonus after a strike.
- A union dispute at Micron's Taiwan subsidiary nearly tripled mid- to senior-level engineer salaries and produced a global bonus deal.
- Grab and SoftBank Group will invest $1.85 billion in Malaysian AI infrastructure with at least 5 gigawatts of computing capacity.
Nvidia's board has been holding an urgent meeting over the position of chief executive Jensen Huang, after multiple US media outlets reported on the morning of November 12, 2026 that he had romantic relationships with two women at the company, Nikkei Asia reported. The reports followed social media circulation of material about his relationship with Alice Huang, a Chinese businesswoman.
The New York Times reported, citing senior US policymakers, an allegation that Alice Huang is a Chinese spy, Nikkei Asia said. The Financial Times reported that Alice Huang for years worked with financier Kang Wei, described as both a romantic partner and business associate, who faced multiple investigations for stock market violations in China, and that the pair pitched China-based investors in early 2025 on their ability to secure Nvidia GPUs and their ties to Alibaba.
Separately, Nikkei Asia reported that the semiconductor boom has left a pay gap across Asia, with workers in South Korea and Taiwan pushing for a larger share. After an all-out strike, Samsung Electronics management agreed to pay 10.5% of its memory unit's operating profit as a special bonus to department employees, worth up to 700 million won ($520,000) for a regular worker. A union dispute at Micron's Taiwan subsidiary led to salaries for mid- to senior-level engineers nearly tripling and a bonus-payment deal applying to workers globally.
Grab and SoftBank Group will invest $1.85 billion in AI infrastructure projects in Malaysia, including data centers, providing at least 5 gigawatts of AI computing capacity. The first $850 million goes to a Peninsular Malaysia project, with Grab contributing $650 million and SoftBank $200 million; for a Sarawak project, SoftBank will put up $800 million while Grab and Petroleum Sarawak Berhad invest $100 million each.