Nvidia CEO Tells Staff of Affair as Board Reviews Intelligence Reports

Nvidia’s board opened an independent investigation into whether CEO Jensen Huang was targeted by a foreign intelligence operation involving Alice Huang, a Megaspeed executive whom U.S. officials reportedly suspect of gathering information for China. Jensen Huang acknowledged an affair with her, apologized to his family and colleagues, and said he would cooperate; he will remain CEO during the review. Nvidia says it has no reason to believe company secrets or U.S. national-security information were compromised. Reports alleged that Megaspeed helped Beijing obtain advanced Nvidia chips despite U.S. export restrictions, and the controversy has intensified scrutiny of Megaspeed’s chip purchases, Nvidia’s China business and Huang’s past criticism of export restrictions. President Trump defended Huang, while House committee chairs sought a briefing on the relationship and Nvidia’s security controls. Analysts said demand may be little affected in the near term, though the controversy could increase political and regulatory pressure, raise governance concerns and weigh on investor sentiment.