According to Culper Research, Nvidia CEO Jensen Huang's extramarital affair scandal recently triggered a market selloff, wiping $450 billion from the chipmaker's market value within two trading days. Culper analyst Christian Lamarco had warned of Huang's relationship with journalist Huang Le in a 40-page report released in May, citing documents and shared social media appearances that he flagged as "disturbingly intimate."

The Culper report alleged that Singapore-based Megaspeed International, backed by suspected Alibaba funding worth billions of dollars, used Southeast Asian intermediaries to acquire advanced Nvidia chips while circumventing U.S. trade restrictions. Megaspeed spent $2.9 billion on Nvidia servers in 2024 alone, with its Malaysian subsidiary Speedmatrix purchasing a combined $4.8 billion in AI equipment over three years. Since the May 13 report, Nvidia's stock has declined 25%.

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