Jensen Huang Previously Concealed Romantic Relationship from Nvidia's Legal Counsel, Claiming Dealings with Alice Huang Were Normal Client Interactions
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Internal Nvidia messages reviewed by Reuters show Jensen Huang twice described his affair with Chinese businesswoman Alice Huang as routine client dealings; the fallout has triggered an independent board probe, and the stock has dropped over 30% from its peak, erasing more than $1.8 trillion in market value.
What did Huang tell Nvidia executives?
According to internal messages reviewed by Reuters, Huang told general counsel Tim Teter and CMO Alison Wagonfeld on two separate occasions — in fall 2025 and October 2026 — that his interactions with Alice Huang were standard client business.
Alice Huang served as an executive at Megaspeed International, an Nvidia client. U.S. authorities are investigating whether Megaspeed engaged in espionage on behalf of China; Beijing denies the allegations.
This means → Nvidia's legal function relied on the CEO's own characterization of a key client relationship for roughly a year, rather than an independently verified assessment.
How did the affair come to light?
In October 2025, the New York Times first reported public meetings between Huang and Alice Huang. Huang then briefed executives — but still did not characterize the relationship as an affair.
Huang discussed possible legal action against the Times with some executives. Neither Nvidia nor Huang ever filed suit; the Times said it received no legal demands.
Photos verified by Reuters show the two appearing together in the U.S., China, and elsewhere as early as December 2023. They share a surname but are not related.
How deeply was the general counsel involved?
Teter wrote to the U.S. Commerce Department's Bureau of Industry and Security in late summer 2025 regarding its smuggling investigation into Megaspeed.
Per Semafor, Teter repeatedly invoked President Trump's name to pressure regulators in Washington and accused officials of misrepresenting Nvidia's products and Trump's policies during the drafting of export controls.
In plain terms = the officer responsible for compliance was engaging with regulators on the very entity at the center of the affair — while relying on an inaccurate account from the CEO about that client relationship. That is a governance gap in itself.
How did the board and the market react?
On November 10, independent directors retained Wall Street law firm Wachtell, Lipton, Rosen & Katz to conduct an independent investigation.
Huang resigned as CEO on November 13. He issued a statement on Sunday apologizing for being unfaithful to his wife and letting the company down — but did not mention Alice Huang by name.
The New York Times and Reuters separately reported this week that Huang had intimate relationships with at least two Nvidia employees.
What comes next?
CFO Colette Kress is serving as interim CEO. The search for a permanent successor is still under way.
Nvidia's stock has fallen more than 30% from its October 6 closing high, erasing over $1.8 trillion in market value.
Huang has agreed to testify under oath before Congress ahead of the Thanksgiving recess. This means → any further disclosure of internal-message details, layered on top of earnings season, marks the next key risk window for the stock.
市场有风险，内容仅供研究参考，不构成投资建议。