SoftBank sells $200m stake in Indian ecommerce firm Meesho

Tech In Asia - Nov 14, 2026

SoftBank Group sold a 1.65% stake in Meesho, a Bengaluru-based ecommerce company, for US$200 million in a block deal.

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Jensen Huang’s exit tests Nvidia’s supply chain clout, ability to bankroll AI buildout

Nov 13, 2026

Jensen Huang’s exit tests Nvidia’s supply chain clout, ability to bankroll AI buildout

For years, Jensen Huang was more than Nvidia’s CEO – he was a key figure driving the artificial intelligence boom, parlaying close ties with Asian chip foundries and aggressive financial backing into an unprecedented global buildout of data centres. Following his sudden resignation, the industry is confronting two immediate questions: without Huang’s personal relationships in Taiwan and South Korea, can Nvidia defend its priority access to scarce chipmaking and memory supply? And will it...

Jensen Huang’s exit tests Nvidia’s supply chain clout, ability to bankroll AI buildout

Nov 13, 2026

Jensen Huang’s exit tests Nvidia’s supply chain clout, ability to bankroll AI buildout

For years, Jensen Huang was more than Nvidia’s CEO – he was a key figure driving the artificial intelligence boom, parlaying close ties with Asian chip foundries and aggressive financial backing into an unprecedented global buildout of data centres. Following his sudden resignation, the industry is confronting two immediate questions: without Huang’s personal relationships in Taiwan and South Korea, can Nvidia defend its priority access to scarce chipmaking and memory supply? And will it...

Jensen Huang quits, China trade surplus hits US$1 trillion, Xi-Trump summit

Nov 13, 2026

Jensen Huang quits, China trade surplus hits US$1 trillion, Xi-Trump summit

Jensen Huang resigned as chief executive officer of chipmaker Nvidia following an affair with an alleged Chinese spy, boosting the odds of tighter US export controls against China days before the countries’ leaders are due to meet. Huang left the company he founded in 1993 with immediate effect, according to a statement on Thursday. Chief Financial Officer Colette Kress will act as interim chief executive while the board looks for a permanent replacement to head the world’s second-biggest...

Jensen Huang quits, China trade surplus hits US$1 trillion, Xi-Trump summit

Nov 13, 2026

Jensen Huang quits, China trade surplus hits US$1 trillion, Xi-Trump summit

Jensen Huang resigned as chief executive officer of chipmaker Nvidia following an affair with an alleged Chinese spy, boosting the odds of tighter US export controls against China days before the countries’ leaders are due to meet. Huang left the company he founded in 1993 with immediate effect, according to a statement on Thursday. Chief Financial Officer Colette Kress will act as interim chief executive while the board looks for a permanent replacement to head the world’s second-biggest...

Court-appointed administrators to sound out investors for Nexperia stake amid Wingtech feud

Nov 13, 2026

Court-appointed administrators to sound out investors for Nexperia stake amid Wingtech feud

The two court-appointed administrators overseeing Nexperia said on Thursday they would sound out investors on a majority or minority stake in the Dutch chipmaker, a week after its Chinese owner Wingtech rejected their proposal to hand control of its operations outside China to foreign investors. “We have decided to assess market interest in possible long-term solutions for Nexperia,” Guido Dierick and Arnold Croiset van Uchelen said in a statement. “No decision has currently been taken to reduce...

Jensen Huang’s abrupt exit stuns Nvidia’s China staff, clouding the outlook in a key market

Nov 13, 2026

Jensen Huang’s abrupt exit stuns Nvidia’s China staff, clouding the outlook in a key market

Jensen Huang’s abrupt resignation stunned some Nvidia staff in China and raised questions about the future of the US chipmaker’s operations in a market its co-founder had spent years cultivating, according to company sources. “It’s the end of an era. I really don’t understand why Huang was asked to resign – no one benefits from him stepping down,” one Nvidia employee in China said, declining to be named as they were not authorised to speak to the media. A second employee said colleagues looked...

Jensen Huang’s abrupt exit stuns Nvidia’s China staff, clouding the outlook in a key market

Nov 13, 2026

Jensen Huang’s abrupt exit stuns Nvidia’s China staff, clouding the outlook in a key market

Jensen Huang’s abrupt resignation stunned some Nvidia staff in China and raised questions about the future of the US chipmaker’s operations in a market its co-founder had spent years cultivating, according to company sources. “It’s the end of an era. I really don’t understand why Huang was asked to resign – no one benefits from him stepping down,” one Nvidia employee in China said, declining to be named as they were not authorised to speak to the media. A second employee said colleagues looked...

China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs

Nov 13, 2026

China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs

China’s Semiconductor Manufacturing International Corporation (SMIC) is betting that a relentless data centre buildout will keep artificial intelligence computing power in short supply for the next two years. The bullish forecast comes as scrutiny over former Nvidia CEO Jensen Huang threatens to intensify Washington’s curbs on Chinese access to advanced American processors – a shift that could accelerate China’s reliance on domestic foundries. “By the middle to the second half of 2028 …...

China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs

Nov 13, 2026

China’s SMIC sees AI computing crunch until 2028 as Nvidia heat risks tighter chip curbs

China’s Semiconductor Manufacturing International Corporation (SMIC) is betting that a relentless data centre buildout will keep artificial intelligence computing power in short supply for the next two years. The bullish forecast comes as scrutiny over former Nvidia CEO Jensen Huang threatens to intensify Washington’s curbs on Chinese access to advanced American processors – a shift that could accelerate China’s reliance on domestic foundries. “By the middle to the second half of 2028 …...

Jensen Huang quits Nvidia; non-invasive treatment for kidney tumours: SCMP’s 7 highlights

Nov 13, 2026

Jensen Huang quits Nvidia; non-invasive treatment for kidney tumours: SCMP’s 7 highlights

We have selected seven stories from this week’s news across Hong Kong, mainland China, the wider Asia region and beyond that resonated with our readers and shed light on topical issues. If you would like to see more of our reporting, please consider subscribing. 1. Jensen Huang resigns as Nvidia CEO amid affairs scandal Jensen Huang has resigned as president, chief executive officer and board member of the AI chip giant Nvidia with immediate effect, the firm announced on Thursday, amid media...

Jensen Huang has resigned as NVIDIA’s CEO amid affairs scandal

Nov 13, 2026

Jensen Huang has resigned as NVIDIA’s CEO amid affairs scandal

Colette Kress, the company’s chief financial officer, will take over as interim CEO.

Eli Lilly beats Novo Nordisk to China approval for first oral GLP-1 weight-loss drug

Nov 13, 2026

Eli Lilly beats Novo Nordisk to China approval for first oral GLP-1 weight-loss drug

China has approved US pharmaceutical giant Eli Lilly’s weight-loss pill orforglipron, making it the country’s first available oral GLP-1 treatment for obesity as global drug makers seek to tap the country’s massive weight-management market. China’s National Medical Products Administration announced the approval on Thursday, saying that the once-daily pill, marketed as Foundayo, could be used for chronic weight management by obese or overweight adults. GLP-1 receptor agonists are synthetic...

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