I wouldn't be surprised if it turns out to be some sanctions evasion going on.
I wouldn’t be surprised either. An “affair” with a spy seems like the perfect cover for sanctions evasion. She takes all the heat for being a honeypot, and instead of treason, he’s simply unfaithful.
Plus, this seems like something Jensen would do. He’s been calculated and measured leading Nvidia, and has advocated for selling full chips to China. I wouldn’t be surprised if he’s privately sympathetic to China.