Jensen Huang, the world’s eighth richest person, according to Forbes, admitted to having an affair in an email to his company employees on Sunday. A secret U.S. report warned months ago that Huang’s alleged mistress, Alice Huang (no relation), was a Chinese spy, according to the New York Times.

Photos posted online in June 2024 showed the two at a bar in Taipei, Taiwan, after a local technology show. They reportedly drank whiskey with other prominent figures in the AI industry.

They were seen together again in May 2025, leaving a Taipei restaurant after a business dinner with AI suppliers. A video shows Alice Huang smiling broadly a few feet behind the Nvidia CEO as he jokes with local reporters.

Reporter turns company executive

Alice reportedly worked as a television reporter in China before becoming a senior executive at Megaspeed, a Singapore-based data center company that has become one of Nvidia’s largest customers in Southeast Asia.

The Chinese citizen, also known as Huang Le, has been described as someone who speaks fluent English and has ties to several executives in the AI chip industry.

She reportedly began her career in television, working at Hunan TV and China Central Television (CCTV).

Alice Huang. Photo via Linkedin/小樂-黄-54a01234

Simuwang, a database covering Chinese private investment funds, lists a profile identifying a woman as "Huang Le, fund manager" and CEO of Hexi Capital, a Shanghai-based investment management firm.

The profile photo shows a smiling woman in a red dress whose face matches that of the woman pictured with Jensen Huang.

The profile says she spent four years in media and eight years in the securities industry. Her previous roles included "reporter at Hunan TV and CCTV, assistant to the chairman of HSBC’s private banking division, and vice president in charge of the securities business at CITIC Securities."

"I have not heard of her," an executive at Hunan TV, who asked not to be named, told the The New York Post. "If someone really worked for Hunan TV as a reporter, you could easily see their names or profiles on the company website."

Alice later worked for Megaspeed from March to November 2023. The company’s filings initially listed her as CEO, but later removed her name from the role. Business records show that Megaspeed’s current director is a Singaporean who has recently been living in Shanghai.

A Megaspeed employee said in May that Huang still wielded considerable influence and was one of the three most powerful people at the company.

Megaspeed bought more than US$4.8 billion worth of Nvidia chips over the past two years. The company began as the Singapore branch of 7Road, a Chinese online gaming company.

It split off in 2023, built data centers in Southeast Asia and began renting computing power to China’s Alibaba Group. The arrangement could give China indirect access to advanced Nvidia chips that are subject to U.S. export restrictions.

U.S. electronic surveillance identified the Nvidia CEO as one of her contacts. But there has been no evidence to establish that he knew of her alleged intelligence activities.

U.S. authorities have been investigating whether Megaspeed helped Chinese companies evade U.S. export restrictions and smuggle advanced Nvidia chips into China. The U.S. government has barred Nvidia from selling its most advanced chips to Chinese companies for years.

Megaspeed is suspected of acting as an intermediary, buying Nvidia chips through the U.S. arm of Chinese server maker Inspur and renting computing power from its Southeast Asian data centers to Chinese companies. Washington has blacklisted Inspur’s parent company for supplying technology to China’s military. Its U.S. subsidiary remains free of sanctions.

Nvidia is the world’s most valuable publicly traded company, with a market capitalization of about $5.2 trillion. Its advanced chips underpin the AI boom, giving Huang considerable influence in Silicon Valley and Washington as the U.S. seeks to maintain its technological lead over China.

Jensen Huang, co-founder and CEO of Nvidia, speaks during GTC Berlin, Germany, on 21 October 2026. Photo by dpa Picture-Alliance via AFP

‘Part of a CEO’s job’

Nvidia disputed suggestions that Jensen's dealings with Alice were suspicious and described Megaspeed as a typical regional cloud customer.

"Jensen’s interactions with Ms. Huang are not unusual or unexpected," an Nvidia spokesperson told the New York Post.

"Meetings with customers are part of a CEO’s job; Jensen talks with thousands of customer executives every year."

Nvidia also rejected allegations that its technology had been diverted through Megaspeed, saying the claims were "thoroughly investigated and debunked last year."

Jensen is married to Lori Mills Huang, whom he met while studying electrical engineering at Oregon State University. The couple has two children, Spencer and Madison, who both work at Nvidia.

"My actions hurt her and our children," Jensen wrote in his email sent to Nvidia staff. "There is no excuse for what I did. I am deeply sorry."