AI trending

Nvidia CEO Jensen Huang caught up in suspected Chinese spy ties

In late October 2026, the New York Times reported, citing anonymous sources, that US intelligence believed Alice Huang (Huang Le), an executive at Singapore data-centre operator Megaspeed in Nvidia CEO Jensen Huang's orbit, was providing intelligence to China, and had monitored her for about a year over concerns she was obtaining information on Nvidia's shipment plans to China. Later reports said Chinese state security had recruited Alice Huang to obtain information on US AI chips, and that Trump had received a briefing about a year earlier but taken no action, partly to protect Nvidia's share price. On 9 November, Nvidia's board announced an independent investigation, and Jensen Huang acknowledged an extramarital affair with Alice Huang and apologised in an internal letter; the board said it had no reason to believe national security or company secrets were compromised. Reports then disclosed a second affair, with his direct subordinate Kimberly Powell, vice-president of Nvidia's healthcare business. On the timing of his resignation, earlier reports said Jensen Huang resigned on 10 November and CFO Colette Kress became interim CEO; later SEC filings showed the board accepted the resignation on 11 November, the company announced it on 12 November, and Harvey C. Jones was appointed first board chair. Reports said the share price fell nearly 5% that day, and Schumer said Jensen Huang must still testify to Congress after resigning. On 16 November, a TechCrunch podcast discussed the impact of his resignation on Nvidia and the AI industry.