New Delhi, Nov. 11 -- Nothing seems to be going right for the artificial intelligence (AI) trade anymore. After Anthropic's prospectus faced unusually tough questions, and the 'Blue Wave' in the US mid-terms sparked concerns about the data centre boom, a leading chipmaker is now embroiled in an unusual controversy.

Nvidia's chief Jensen Huang has admitted that he had an affair with Alice Huang, an alleged Chinese spy. While the Chinese government has refuted spying charges, Nvidia has initiated an inquiry on these charges. Nvidia's stock fell 4% on Monday, erasing nearly $200 billion in market valuation.

Huang's fate may have consequences for the wider AI industry. As a key advisor of US President Donald Trump, Huang helped shape the Tr...