Nvidia investigates reports of spying targeting Jensen Huang

Huang admitted an affair and said he would earn back employee confidence

On November 9, 2026, Nvidia announced an independent investigation following reports that founder and CEO Jensen Huang had been the target of “a foreign intelligence effort.” The Guardian described Nvidia as the world’s most valuable company in its coverage of the apparent scandal involving Huang.

The Guardian cited reports that the alleged effort involved Huang conducting a romantic relationship with Alice Huang, a Chinese woman recruited to spy for China’s Ministry of State Security intelligence agency. The allegations remained attributed to reports.

Last night, Huang admitted having an affair in a message to Nvidia staff. He wrote: “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 what I did. I am deeply sorry.” He also said he was “fully committed to Nvidia” and would work to earn back employees’ confidence.

Alice Huang worked for Megaspeed, a Singapore-based datacenter company. Megaspeed has been suspected of routing Nvidia chips to China and evading export controls. Her employment brought the reported relationship into the dispute over shipments of AI chips and the restrictions Washington applies to them.

Huang had criticized those US export controls before the allegations emerged. In May 2025, he called restrictions designed to limit China’s access to artificial intelligence chips “a failure.” He said the controls had simply encouraged China to develop its own alternatives.

The Guardian said the issue went much further than Huang’s conduct because of Washington’s concern that the US could lose the AI race to China. The reported circumstances placed Nvidia’s founder, his criticism of chip export controls and the suspected routing of company chips to China within the same episode.

The revelation came just a few days after shares in AI-linked companies tumbled, followed by a late recovery on Wall Street on Friday. On November 9, Asia-Pacific markets were staging a recovery: Japan’s Nikkei rose 2.2%, Taiwan’s TAIEX surged almost 5%, and South Korea’s Kospi fell 0.6%.

The Guardian’s rolling business coverage also listed German trade data for 7am GMT and an afternoon Eurogroup meeting of eurozone finance ministers. For Nvidia, the immediate steps reported were the launch of an independent investigation and Huang’s apology in a message to Nvidia staff, where he said he was fully committed to Nvidia and would work to earn back employees’ confidence.