Billions lost and markets roiled by one man’s indiscretion. Isn’t it now clear that these tech bros are too powerful?

Nvidia CEO Jensen Huang’s affair must be the costliest fling in human history – and a preview of what awaits when the tech bubble bursts

Aditya Chakrabortty

One thing we all know about the tech billionaires is they are super-smart. We know this largely because they never stop telling us. The “cognitive elite”, to use their favoured phrase, are entitled to shape our future without our say-so. When Elon Musk goes hiring, he wants “super-high-IQ small-government revolutionaries”. Long before they got private jets, what fuelled these boys was faith in their own brainpower. As a teenager, Jensen Huang wooed his future wife, Lori, thus: “If you do homework with me every Sunday, I promise you you’ll get straight As.”

Lord Byron: I believe it’s your move.

Which raises the question: if you’re that clever, why act so dumb? At last week’s midterms, it was Musk who backed Team Trump to the tune of $446m. With unhedged bets like that, why wouldn’t you want him gambling with your livelihood? This week, it is 63-year-old Huang and his affair with a much younger woman, who the US government strongly suspects is a Chinese spy. That scandal wiped more than $400bn off the value of his company in just two days, making it the costliest fling in human history. But who knows? Perhaps she loved the centibillionaire for his mind…

https://www.theguardian.com/commentisfree/2026/nov/12/billions-lost-markets-roiled-one-man-indiscretion-tech-bro-jensen-huang-affair-nvidia

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