Nvidia's CEO Jensen Huang Said He Had "Absolutely No Idea" His Mistress Was a Chinese Spy

IBL News | New York

Nvidia’s CEO Jensen Huang said he had “absolutely no idea” his mistress was an alleged Chinese spy, and Trump responded: “I really believe him.”

President Trump called Jensen Huang on Monday to check on him and said the embattled CEO of Nvidia said he had no idea the Chinese honeypot he had an affair with was a spy.

“I did speak to him today just to see if he’s feeling all right,” Trump told reporters in the White House briefing room yesterday.

“He said he had absolutely no idea that the person in question was a spy. I asked him that question. Did you have any idea that she was a spy? He said I had no idea that she was a spy, and I really believe him.”

Jensen Huang admitted to an affair with Alice Huang — no relation — [both in the picture above], who is suspected of spying for China.

Alice Huang, a former executive at Singapore-based Nvidia customer Megaspeed, got close to Jensen.

The president said the FBI was investigating the matter but predicted Jensen would come out fine.

“He’ll look into it. I know the FBI is looking into it in terms of something else, and I think that he’ll be in good shape,” he said.

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In parallel, Nvidia announced it launched an investigation following claims its chief executive, Jensen Huang, had a relationship with a suspected Chinese spy. So far, Nvidia’s board said it saw no sign that any secrets had been leaked.

Admitting to being “unfaithful” to his wife, Huang wrote in a statement shared with Nvidia staff: “I was unfaithful to my wife,” he wrote. “My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”

The allegations have stunned many in the tech world, especially given Huang’s reputation as a workaholic and someone who expects incredibly high standards from his staff.

Nvidia’s stock fell in US trading, while other tech stocks broadly rose.

The allegations come ahead of US President Donald Trump’s planned visit to China next week, where he is due to meet President Xi Jinping.

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Jensen Huang maintains tight control over Nvidia, managing 60+ direct reports and owning a 3.56% stake, which challenges Nvidia’s 10-person board.

“Is Jensen Huang Too Powerful to Be Punished by Nvidia? The chief executive has a tight grip on his company, presenting a challenge for Nvidia’s board,” wrote The New York Times.

Mr. Huang, 63, will continue to lead Nvidia during the investigation.

Mr. Huang, who is the largest Nvidia individual shareholder with a 3.56 percent stake, has led Nvidia to the top of Wall Street and elbowed his way through Washington. He has done it with a flat organizational structure and an executive team of more than 60 direct reports, putting him at the center of the company’s day-to-day operations.

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Also, The New York Times reported yesterday that the Commerce Department halted its chip inquiry after Nvidia intervened.

The Justice Department took over an investigation into Megaspeed, a Singapore company that was buying advanced Nvidia A.I. chips, after a top Nvidia executive reached out to Commerce Department officials.

Investigators at the Commerce Department were deep into a months-long probe of a Singaporean company they suspected of smuggling Nvidia’s AI chips into China when their work suddenly halted late last year.

The investigation centered on Megaspeed, a data center company led by an executive U.S. officials now believe is a Chinese spy with ties to Nvidia’s chief executive, Jensen Huang.

But the Justice Department abruptly took over the case last year. The shift came after Commerce Department investigators received an email from Nvidia’s general counsel seeking information about the inquiry into Megaspeed.

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Megaspeed imported goods worth more than 1,000 times its cash balance in 2023, including Nvidia products worth $4.6 billion, and rented Nvidia chips to Chinese tech giant Alibaba Group Holding Ltd., amid allegations of smuggling hardware to China, according to a report from Bloomberg.

Huang Le, also known as Alice Huang, founded Megaspeed International in 2023, the largest buyer of Nvidia’s chips in Southeast Asia — a major route for smuggling the firm’s advanced hardware into China.

As one of Silicon Valley’s biggest celebrities during the AI boom, Huang’s confession plunged Nvidia into a crisis that reverberates now through the broader industry. After years of advocating for selling more of Nvidia’s AI processors to China, the world’s largest chip market, his ties to the country will face greater scrutiny than ever.

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On the other hand, the jokes about the affair spread across the web, as shown below, with Jensen Huang going from AI’s biggest name to the internet’s favorite meme this week, with people joking that investors now have to check a CEO’s love life before buying stock and hoping his wife stays chill to save the US economy.