Nvidia CEO Jensen Huang admits to cheating on his wife with a woman suspected of spying for China, as the chip giant launches an independent investigation into whether he was targeted by a foreign intelligence operation.
"I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did," Huang tells employees in an apology.
Huang was reportedly in an intimate relationship with Megaspeed executive Alice Huang, whom U.S. intelligence identified as a Chinese intelligence asset. The Nvidia CEO has lobbied the Trump administration to ease restrictions on chip sales to China.
Nvidia says it has no reason to believe company secrets or national security were compromised, but its board is examining the allegations.
Now, a reported intelligence warning about the woman is drawing fresh scrutiny.
Nvidia’s board said independent directors, assisted by outside independent counsel, will oversee the investigation.
"While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board’s inquiry will examine all available information," the board said.
The directors said U.S. national and economic security take priority over the interests of Nvidia and its shareholders.
