Huang misled Nvidia’s top lawyer on affair, Reuters says

Former Nvidia CEO Jensen Huang misled several company leaders, including general counsel Tim Teter and chief marketing officer Alison Wagonfeld, about his relationship with Chinese businesswoman Alice Huang, Reuters reported on November 13. The report cites two people familiar with the matter and internal correspondence. It came one day after Huang resigned as chief executive, and it raises new questions about what Nvidia's leadership knew while the company was answering press inquiries about the relationship.reuters.com

What the messages show

Reuters said it reviewed several October exchanges on condition that it not quote them verbatim. In two separate messages, Huang told Nvidia leaders, including Teter and Wagonfeld, that his interactions with Alice Huang were standard business dealings with customers. In other messages, he described his dealings with Megaspeed International, the Nvidia customer where she was a top executive, as routine. According to the sources, Huang gave a similar account in the autumn of 2025, though Reuters did not review those earlier messages.reuters.com

Huang also discussed suing the New York Times ↗ 1.89% over an October 2025 article about his public meetings with Alice Huang. Neither he nor Nvidia filed a lawsuit, and a Times spokesperson said the paper never received a legal demand. Teter did not respond to Reuters' request for comment. Representatives for Huang and Nvidia declined to comment. The two Huangs share a surname but are not related.finance.yahoo.com

Board probe and resignation

On November 8, Nvidia's board opened an investigation into reports that Huang was the target of a foreign intelligence effort. At the time, it said it had "no reason to believe that either national security or NVIDIA secrets were compromised". On November 10, the board's independent members said they had hired Joon H. Kim, a former acting U.S. Attorney for the Southern District of New York, and his firm Wachtell, Lipton, Rosen & Katz to run the investigation.investor.nvidia.com+1

Huang admitted to an affair in a staff email on November 8 but did not name Alice Huang. He resigned on Thursday, November 12, and CFO Colette Kress became interim CEO. The New York Times and Reuters have since reported separate relationships with two Nvidia employees. Beijing has denied that Alice Huang is a spy.sg.finance.yahoo.com+2

Mounting scrutiny

President Trump has said the FBI is investigating the affair. The Senate Banking Committee has asked Huang to testify on December 3 and Commerce Secretary Howard Lutnick on December 10. A shareholder lawsuit filed in California accuses Nvidia and Huang of misleading investors about his relationship with Alice Huang and about Megaspeed. Nvidia shares have fallen more than 30% since their October 6 closing high, a loss of more than $1.8 trillion in market value.fortune.com+2