Nvidia Investigates Reported Spy Effort Targeting Huang

Nvidia’s board has opened an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence effort through his relationship with Alice Huang, a former Megaspeed executive who is not related to him and whom U.S. intelligence reportedly suspected of working for Beijing. Reports say Secretary of State Marco Rubio oversaw a classified warning to senior officials; Beijing called the espionage allegations groundless, while President Donald Trump and other prominent figures publicly supported Huang. Nvidia said it had no reason to believe national security or company secrets were compromised, and Huang pledged to cooperate; he also acknowledged being unfaithful to his wife and apologized to his family and colleagues. The allegations have prompted scrutiny of Nvidia’s China business, including potential exposure of sensitive information and influence on U.S. policy toward advanced chip sales, as lawmakers seek answers and the company tightens oversight of regional buyers and cloud partners. The controversy disrupted a high-profile Nvidia event in South Korea and contributed to investor concern about the company’s dependence on Huang. Separately, Megaspeed denied helping divert Nvidia chips to China, said inspections by U.S. and Malaysian authorities and Nvidia found no evidence of violations, and said it may pursue legal action against Bloomberg.