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Наталя ХандусенкоHot News
9 November 2026, 10:10
2026-11-09
Nvidia board of directors investigates Jensen Huang's ties to alleged Chinese spy: company shares fall
Nvidia's board of directors announced the launch of an independent investigation into CEO Jensen Huang after media reports suggested he may have been targeted by Chinese intelligence.
In parallel, Nvidia published Huang's address to employees, in which the company's head publicly admitted to an extramarital affair with Alice Huang, a former top manager of the Singaporean chip company Megaspeed.
Nvidia's board of directors announced the launch of an independent investigation into CEO Jensen Huang after media reports suggested he may have been targeted by Chinese intelligence.
In parallel, Nvidia published Huang's address to employees, in which the company's head publicly admitted to an extramarital affair with Alice Huang, a former top manager of the Singaporean chip company Megaspeed.
"I owe my family and all of you an apology. I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for my actions. I am deeply sorry," Jensen Huang said in his letter, adding that he had "fallen short of expectations" as a leader.
Company response and national security
Nvidia's board of directors said in a statement that there is currently no reason to believe that any U.S. government or trade secrets were compromised. It also said that Huang fully supports the investigation and is cooperating with independent legal counsel, TechCrunch reports .
The board stressed that it continues to have confidence in its CEO. Nvidia previously said that Huang's contacts with the Megaspeed representative were "normal business practice" and that the company does not share confidential data with customers.
The incident comes amid an escalating technology race between the US and China, where Nvidia's chips play a key role. Huang also maintains close ties with US President Donald Trump, who has been a vocal advocate for the development of artificial intelligence.
Market and stock reaction
Amid news of the investigation, Nvidia shares fell more than 4% in over-the-counter trading on Monday to $178.60 per share (versus $186.64 at the close of trading on Friday), Reuters reports .
Analysts say the news is putting pressure on the stock price, but most don't expect Huang, who has been called the "godfather of artificial intelligence," to step down. According to Chris Weston, head of research at brokerage Pepperstone, if the market had really expected Jensen Huang to be fired, it would have caused "a real bloodbath" for the company's stock.
