In a development drawing attention on Wall Street and in Washington, Nvidia CEO Jensen Huang has acknowledged having an extramarital affair with a woman identified as Alice Huang, a former managing director at Singapore-based chip firm Megaspeed. U.S. intelligence agencies reportedly suspect she was recruited by China’s Ministry of State Security to gather information about the AI chipmaker.
Nvidia’s board of directors announced Sunday that it is launching an independent investigation. The inquiry will be conducted by a committee of independent directors working with outside legal counsel.
The board said it currently has “no reason to believe that either national security or Nvidia secrets were compromised” and confirmed that Huang will continue to lead the company during the investigation.
In a memo to staff, Huang apologized for his actions, writing: “I owe my family and all of you an apology.”
The news rattled investors, with Nvidia shares reportedly falling 5–6% in premarket trading Monday. It also prompted bipartisan calls in Congress for Huang to testify before lawmakers. A closed congressional briefing is reportedly scheduled for November 18.
The situation raises national security questions, as Nvidia’s advanced AI chips are central to the U.S.-China technology rivalry.
Source: TechCrunch – Nvidia will investigate CEO Jensen Huang’s relationship with possible Chinese spy