Jensen Huang / Nvidia China Spy Allegation; Microsoft $25B Bond Sale
A Chinese businesswoman with close ties to Nvidia CEO Jensen Huang has been identified as a Chinese intelligence asset; Trump was briefed and took no action. Separately, Microsoft plans a $25B bond sale, its first since 2017.
What we know
US officials believe Nvidia CEO Jensen Huang has been targeted in a Chinese intelligence honeypot operation, with a Megaspeed executive seen at his side in Taiwan identified as an asset — several accounts on X react. Trump was briefed and reportedly took no action. Separately, China's stock market wiped ¥1.1T as its AI bubble shows signs of deflating — an account on X. On the corporate bond market, another account on X reports Microsoft plans to raise ~$25B across up to 10 tranches — its first US investment-grade bond sale since 2017 — another account on X.
How the story developed
A Chinese businesswoman with close ties to Nvidia CEO Jensen Huang has been identified as a Chinese intelligence asset; Trump was briefed and took no action. Separately, Microsoft plans a $25B bond sale, its first since 2017.
USDai has seen $26.5B in GPU cloud financing demand since August 2025. Alongside Microsoft's massive agent metrics and Google's pivot to third-party compute, AI infrastructure spending signals show no signs of slowing, with NVIDIA Q3 earnings set for Nov. 17.
OpenAI is deploying 150,000 NVIDIA Vera CPUs on Oracle Cloud for AI agent infrastructure, showing 51% higher Python throughput and 2.2x memory bandwidth versus leading x86 CPUs.
Multiple major AI infrastructure announcements: Oracle + Cerebras deal for AI data centers, Nvidia + Oracle Vera Rubin expansion, Microsoft MAI Image 2.7 launch, and Kraken becoming the first CFTC-regulated perpetuals deployer on Hyperliquid.
AI capex momentum remains strong — Microsoft is buying out 60K workers to fund AI, Nvidia Rubin rack supply is constrained at under 500K in 2026, and a startup just announced 20,000 satellites for orbital AI compute at 20 GW total.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.