Nvidia CEO Jensen Huang Under Investigation After Affair With Suspected Chinese Spy

Nvidia has opened an official investigation into its CEO, Jensen Huang, after he admitted to an affair with a business executive suspected of being a Chinese spy, according to GameSpot.

The investigation follows a New York Times report about Huang’s affair with Megaspeed executive and Chinese businesswoman Alice Huang / Huang Le. In a company letter shared via the BBC, Huang wrote: “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”

Huang continued: “Regarding the national security concerns raised in news reports, Nvidia’s Board of Directors has initiated an independent investigation. I support the investigation and will cooperate fully.”

Nvidia said Huang will remain CEO while the investigation continues, which will involve independent directors and independent counsel. The company added that it does not believe the affair compromised any national security or Nvidia secrets.

Nvidia has been a major player in the video game industry for decades and has evolved into one of the most important links in the US’s artificial intelligence chain. The company has profited from the growing AI sector, which has driven the prices of vital components higher, affecting gaming hardware such as graphics cards and consoles.

The US under the Trump administration has introduced several new policies to limit China’s access to those vital components, with Nvidia emerging as one of the biggest players in the AI arms race.

Following the US midterm elections last week, Nvidia’s market cap was reduced by more than $1 trillion, although it did start to rebound later in the trading day.

Sources

This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.