Nvidia investigates CEO Jensen Huang after reports of foreign intelligence targeting

Nov 9, 6:07 AM2 min readCovered by 13 outlets

Drafted by AI from the sources below, published by the Ajako Taja Editorial Team · How we use AI

AI Summary

Nvidia's board is probing CEO Jensen Huang after he admitted to an affair with a woman suspected of spying for China, as shares drop in after-hours trade.

Nvidia has launched an investigation into CEO Jensen Huang following his admission of an affair with a business executive alleged to be a Chinese informant.

The board of directors for the semiconductor giant announced the probe on Sunday after a New York Times report revealed Huang admitted to being unfaithful. According to Euronews, U.S. intelligence officials believe the woman involved was gathering information for China. The board stated that while it has no reason to believe national security or company secrets were compromised, a thorough review is being conducted with Huang's full cooperation.

In a letter to employees, the 63-year-old CEO took full responsibility for his actions and apologized to his family and colleagues for falling short of his responsibilities. While he did not name the individual, The New York Times identified her as Alice Huang, a top executive at Megaspeed. Euronews noted that Megaspeed operates a Singapore-based data center and has become one of Nvidia's largest customers in Southeast Asia.

U.S. President Donald Trump defended the CEO on Sunday, calling him an "honorable guy" who has done an "amazing job" for the country. Al Jazeera and Euronews reported that Trump suggested Huang likely had an excuse for the situation. Meanwhile, Reuters reported that Nvidia's stock fell roughly 3% in after-hours and perpetual futures trading following the news.

Nvidia currently dominates the artificial intelligence chip market, powering data centers used to run major AI models. These advanced chips are subject to U.S. export restrictions designed to prevent the latest semiconductor technology from reaching China. In his employee letter, Huang expressed his commitment to protecting the company and supporting American national security.

Background

The New York Times recently reported that U.S. intelligence agencies identified close ties between Jensen Huang and Alice Huang, a Chinese citizen and chip buyer who was allegedly sharing information directly with Beijing.