Jensen Huang apologizes as Nvidia opens independent inquiry

“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,” Huang wrote in a statement on Sunday. He and his wife have been married since 1985 and have two children. Huang said he would cooperate with the board’s inquiry and work to regain the trust of his family and colleagues.

The allegations about Alice Huang, who is not related to the CEO, were reported last month by The New York Times. The newspaper said U.S. spy agencies had determined that a Chinese intelligence asset was sharing information with the Chinese government. Alice Huang is an executive at Megaspeed, a Singapore-based data centre company. Huang had previously denied having an inappropriate relationship with her, telling Bloomberg that their interactions were related to Megaspeed and “completely normal and not unusual.” He also said she was no longer with the company.

Megaspeed drew U.S. scrutiny last year over suspicions that it had smuggled Nvidia chips to China, potentially bypassing U.S. export restrictions. Singapore also opened an investigation into whether the company had violated local laws. Megaspeed denied wrongdoing, saying in December that it had been investigated and cleared by multiple institutions, including the U.S. Commerce Department and Nvidia. The Chinese embassy in Washington called the U.S. allegations “groundless smears and slanders.” It remains unclear whether Alice Huang is alleged to have acted independently or on Megaspeed’s behalf.

Nvidia’s board said independent directors, assisted by outside independent counsel, would review all available information. It said it had no reason to believe national security or Nvidia secrets had been compromised. A company spokesperson told The New York Times that Huang would remain CEO during the investigation. Huang said he was committed to Nvidia and to protecting U.S. national security.

The inquiry comes shortly before Nvidia’s Q3 2027 earnings call, scheduled for Nov. 17. The company reported $96.2 billion in Q2 revenue, up 18 percent from $81.6 billion in Q1. U.S. restrictions have largely cut Nvidia off from China’s AI market; Huang has said the company’s advanced-chip market share there fell from 95 percent to zero. President Donald Trump called Huang an “honourable guy” on Sunday and voiced support for him remaining CEO.