Nvidia CEO's China lobbying complicated by affair allegations

Nvidia CEO Jensen Huang faces allegations that a woman he had an extramarital affair with was a suspected Chinese intelligence operative, complicating his years-long lobbying against strict US export controls on AI chips to China. The controversy has triggered an independent board investigation and a shareholder lawsuit. Huang acknowledged the affair in a staff message, apologizing to his wife, children and employees. The woman, identified as Alice Huang, a former executive at Singapore-based Megaspeed International, reportedly gathered information for Beijing, though China dismissed the claims as unsubstantiated. Nvidia called their interactions routine business dealings. The allegations raise broader security questions about executives controlling critical technology. Nvidia shares fell 4.3 percent Monday, wiping out $190 billion in market value, while three Republican House chairmen requested a briefing. President Trump defended Huang, saying he believed the CEO knew nothing about the alleged intelligence links.