Jensen Huang was reported to have misled NVIDIA's General Counsel, concealing an extramarital affair with Alice Huang

Reuters exclusively reported that former NVIDIA CEO Jensen Huang downplayed his relationship with Chinese businessman Alice Huang to several company executives, including General Counsel Tim Teter and Chief Marketing Officer Alison Wagonfeld. Internal communications reviewed by Reuters show that when responding to inquiries from company executives in October this year, Huang described their interactions as normal customer business dealings and emphasized that contact with Megaspeed International was part of routine commercial activities.Insiders stated that as early as 2025, after The New York Times first reported on their public meetings, Huang had also explained the nature of their relationship to some company executives but did not admit to any extramarital affair. He had also discussed taking legal action against The New York Times, but ultimately neither party filed a lawsuit.Huang resigned as CEO of NVIDIA on November 12, having publicly acknowledged his infidelity and apologized to the company. The independent directors of NVIDIA's board have hired a law firm to conduct an independent investigation. NVIDIA's stock price has fallen more than 30% from its closing high on October 6, with a market value evaporating by over $1.8 trillion.