Nvidia has opened an internal investigation into chief executive Jensen Huang after he acknowledged an extramarital affair with Alice Huang, who is unrelated to him and runs the Singapore-based company Megaspeed, according to SiliconANGLE. U.S. intelligence officials suspect she passed information about Huang and Nvidia's plans to the Chinese government. These are suspicions as reported, not established findings.
President Trump defended Huang on Sunday and again on Monday. He called him an honorable man and said he had heard of no wrongdoing. The New York Times reported that Trump was briefed on the suspected intelligence operation as early as October 2025 and took no action. At a Monday briefing, Trump said the FBI is examining the matter "in terms of something else." He did not elaborate.
The relationship matters because Huang has become a regular presence around the administration. He has traveled on Air Force One, including to China in May, and Nvidia gave $25 million to the president's ballroom project. The administration also agreed last year to let Nvidia sell more advanced chips to China that had previously been barred.
A separate thread concerns enforcement. The Times reported that a Commerce Department investigation into Megaspeed, suspected of acting as a front for moving embargoed Nvidia chips into China, was halted after an email from Nvidia general counsel Tim Teter. Commerce official Jeff Kessler reportedly allowed Nvidia to contact the investigators and use his name, which departs from standard protocol. The case was then transferred to the Department of Justice.
Huang has reportedly hired the crisis communications firm Heller, per Wired. Venture investor Shaun Maguire and Elon Musk have publicly backed him.
Nvidia shares fell more than 4% on Monday, removing roughly $190 billion in market value. The company's next earnings call is scheduled for Nov. 17, and it is unclear whether Huang will take part as he usually does.
Why it matters: Nvidia supplies much of the hardware behind AI data-center buildouts, so questions about leadership, export-control enforcement and political access bear on customers and investors alike. The reporting rests largely on unnamed sources and suspicions, and the FBI and Justice Department reviews are unresolved, so the practical consequences remain uncertain.
TwinStack automated analysis, based on reporting by SiliconANGLE. Check the original for full details.