Jensen Huang falsely informed corporate leadership that his interactions with Megaspeed International executive Alice Huang were routine professional business despite conducting an extramarital affair. In response to the scrutiny, independent board members engaged outside counsel to examine the executive's conduct. Huang ultimately stepped down after further disclosures revealed relationships with two subordinates alongside the external controversy. The cascading scandal triggered massive market selloffs that dragged company capitalization down by over $1.8 trillion.
Key points
Jensen Huang resigned from his position as chief executive officer following revelations…: Jensen Huang resigned from his position as chief executive officer following revelations of multiple undisclosed workplace affairs.
The former chief executive publicly apologized for being unfaithful to his wife and disap…: The former chief executive publicly apologized for being unfaithful to his wife and disappointing the company without naming Alice Huang.
Nvidia stock plunged more than 30 percent from its October high, causing its overall valu…: Nvidia stock plunged more than 30 percent from its October high, causing its overall valuation to fall below four trillion dollars.
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Former Nvidia CEO Jensen Huang misled some of the chipmaker's senior executives about his relationship with Chinese businesswoman Alice Huang. He portrayed their interactions as routine business dealings, despite having an affair with her, according to two people familiar with the matter and internal correspondence reviewed by Reuters.
Among the executives Huang communicated with were general counsel Tim Teter and chief marketing officer Alison Wagonfeld. In two separate messages sent in October, Huang told them that his interactions with Alice Huang were part of standard business dealings with customers. He also described his engagement with her company, Megaspeed International, as routine in other communications, people told Reuters.
Reuters reviewed several exchanges from October on the condition that the messages would not be quoted verbatim. The news agency is the first to report on the correspondence.
The two people said Huang had addressed questions about his relationship with Alice Huang on two occasions, during the autumn of 2025 and again in October 2026, after press queries brought the matter to the attention of some Nvidia leaders. On both occasions, he described…
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