Jensen Huang's extramarital partner alleged to be a Chinese spy; Nvidia shares sold off for a second consecutive day
Nvidia sells off for second day in fallout from Jensen Huang’s affair with alleged spy
Nvidia's stock fell amid a scandal over CEO Jensen Huang's extramarital affair, closing down more than 4% on Monday. In an email to employees, Jensen Huang admitted to being unfaithful to his wife and said he had fallen short as CEO; according to reports, the person he had the affair with is Alice Huang, an executive at Nvidia customer Megaspeed. According to an October 29 report by The New York Times, U.S. officials determined that she works for a Chinese intelligence agency, passing information to Beijing, and may have been directing advanced Nvidia AI chips to China. U.S. President Trump said on Monday that the FBI is investigating the matter and that he thinks Jensen Huang will be fine. Nvidia's stock edged up in premarket trading on Tuesday, rising 1.8% as of 4:40 a.m. Eastern Time.