Nvidia chief executive Jensen Huang is facing mounting scrutiny after admitting to an affair with a Chinese entrepreneur suspected of having links to Beijing’s intelligence services.
The alleged relationship has placed the technology billionaire and his company at the centre of a growing controversy, following reports that the woman openly discussed her close personal access to him in front of business executives.
According to reports by the Wall Street Journal, Alice Huang, who is not related to the Nvidia CEO, boasted about her relationship with the married executive during a computer industry trade show in Taipei, Taiwan, in June 2024.
While socialising with business executives at a bar, Alice reportedly told those present that Jensen was a close friend of hers before sending him a message inviting him to join the group.
The 63-year-old billionaire allegedly arrived just minutes after receiving her text message, wearing his trademark leather jacket.
He reportedly spent time with the executives at the bar, where photographs were taken showing him sitting closely beside Alice.
Pair Spotted Sharing Affectionate Moments During Taipei Dinner
Further details of their alleged relationship emerged following another trip to Taipei in May 2025.
According to the Wall Street Journal, Jensen and Alice were seen together at a dinner, where they reportedly kissed each other on the cheek and touched one another’s arms.
Other photographs that have surfaced following the controversy show the pair smiling together while seated next to each other and raising wine glasses in a toast.
Some of the pictures were reportedly posted by Alice on her now-defunct WeChat account.
The images have attracted renewed attention following Jensen’s admission that he had been unfaithful to his wife of 41 years, Lori Huang, with whom he shares two adult children, Madison and Spencer.
Suspected Spy’s Business Activities Triggered Investigations
Alice Huang’s alleged relationship with the Nvidia chief has drawn additional attention because of investigations into her business activities and suspected connections to Chinese intelligence.
US authorities reportedly began investigating her after her company, Megaspeed International, was accused of illegally diverting Nvidia artificial intelligence chips to China in violation of American export restrictions.
Megaspeed, a Singapore-based company, was reportedly purchasing Nvidia’s advanced AI chips.
Authorities in Taiwan and Singapore have also investigated Alice’s alleged connections to Beijing’s intelligence services.
Her precise age and early-life details remain unclear.
Nvidia Previously Denied Relationship Before CEO’s Admission
The controversy has also raised questions about Nvidia’s initial response to reports of the alleged affair.
Before Jensen acknowledged the relationship in a memo to employees on Sunday, the company had dismissed rumours about his involvement with Alice.
Earlier this year, Nvidia’s lawyers reportedly sent an email to the Daily Mail denying that the CEO had any romantic relationship with the woman.
However, Jensen subsequently admitted to the affair in his message to staff.
The development has triggered further scrutiny of the company, with Nvidia and its chief executive facing a shareholder lawsuit filed on Monday.
Shareholders Sue Nvidia CEO as Company Loses Billions in Market Value
The lawsuit accuses Jensen and Nvidia of misleading investors about the alleged relationship before the controversy became public.
Nvidia shares fell by 4.3 per cent by the close of trading on Monday, wiping approximately $190 billion off the company’s market capitalisation.
Despite the CEO’s admission, Nvidia has maintained that it was unaware of the investigations involving Alice Huang and Megaspeed.
The company also said it had no reason to believe that national security interests or Nvidia’s confidential information had been compromised.
Nvidia confirmed that it had launched an internal investigation to examine all available information surrounding the matter.
The company added that Jensen supported the internal review.
Marco Rubio Allegedly Warned Trump Officials About Huang’s Relationship
The controversy has also drawn attention to Jensen’s close association with US President Donald Trump, particularly because of Nvidia’s significant role in the development of artificial intelligence technology.
A report by The New York Times revealed that Secretary of State Marco Rubio allegedly knew about Jensen’s relationship with Alice as early as spring 2026.
According to the publication, Rubio supervised the preparation of a highly classified memorandum warning senior Trump administration officials about the Nvidia chief’s relationship with the suspected Chinese spy.
The document reportedly relied on classified intelligence gathered through electronic surveillance involving Alice.
Rubio subsequently alerted other senior officials shortly before Trump’s planned visit to China.
The report stated that Alice was a senior executive at Megaspeed International, which was purchasing advanced Nvidia AI chips and was under investigation over allegations of illegally transferring the technology to China.
Huang Was Initially Left Out of Trump’s China Delegation
Following the circulation of Rubio’s memorandum, some officials reportedly raised concerns about Jensen’s influence over the Trump administration’s approach to artificial intelligence regulation.
The Nvidia chief was initially excluded from the list of technology executives invited to accompany Trump on his China trip.
However, it remains unclear whether his initial exclusion was directly connected to the intelligence briefing.
According to The New York Times, Trump later asked Jensen to join the delegation after seeing media reports about his absence.
The president reportedly contacted him aboard Air Force One during a stopover in Alaska.
Trump subsequently praised Jensen on social media, referring to him as the ‘Great Jensen Huang’ alongside other business leaders travelling to China to meet President Xi Jinping.
Despite the intelligence concerns reportedly being circulated among senior administration officials, Jensen continued appearing alongside Trump on several occasions after the trip.
Trump Defends Nvidia Chief Following Affair Admission
Trump has now publicly defended the Nvidia CEO following his admission of the affair.
Speaking to reporters on Sunday, the president said he had not discussed the allegations with Jensen but described him as a good and honourable person.
Trump also expressed confidence in the technology executive’s contributions to the United States.
“He’s done such an incredible job… He’s a fine person in my opinion,” Trump said.
He added that he believed Jensen was an honourable man and suggested there might be an explanation for the situation.
“I think he’s an honorable guy. I think he probably has an excuse for it.
You have to hear it. No, you can’t do that with people. He’s done an amazing job for our country,” Trump said.
Jensen has been married to Lori Huang for 41 years, and the couple have two adult children, Madison and Spencer.
