It's not that they were doing it, although the affair angle with a spy will get press.
It's more that he was working with her to smuggle GPU units to China, in flagrant violation of export controls.
Estimates are that 20% of corporate revenue was from smuggling.
Bonus: With his influence in the Trump administration, Nvidia worked to quash investigations into doing exactly that.
See more here: https://www.wheresyoured.at/jensens-bizarre-adventure/