Nvidia’s board opened an independent investigation into CEO and co-founder Jensen Huang after media reports that he grew close to an alleged Chinese spy.
The 63-year-old executive acknowledged having been unfaithful to his wife and stated that he was deeply sorry
after intelligence officials indicated he developed a close relationship with Alice Huang.
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. I am committed to protecting NVIDIA and supporting America’s national security.
Jensen Huang, CEO and co-founder
The New York Times reported that Alice Huang is an executive at a Singapore-based company called Megaspeed.
Despite sharing a surname, the pair are not related.
US officials grew concerned because Megaspeed purchased large volumes of Nvidia graphics processing units, totaling over $4.8 billion in chips since June 2024, according to the New York Times.
US intelligence officials believe Alice Huang was funneling information to Beijing, raising questions about whether the relationship gave her insight into Donald Trump’s thinking on artificial intelligence.
Jensen Huang has served as a close informal adviser on AI to Trump and traveled with him on Air Force One to Beijing earlier this year.
Forbes estimates Jensen Huang’s net worth at around $160 billion, based on his roughly four percent stake in the firm he launched three decades ago in a Silicon Valley diner.
The investigation unfolds as Nvidia reaches a market valuation of $4.5 trillion, fueled by tech’s massive demand for GPUs.
Earlier coverage: Nvidia Launches Probe Into Jensen Huang's Ties to Alleged Chinese Spy