A former TV journalist turned chip broker, a husband who gives presentations, eight trips to Taiwan on a Hong Kong passport. And finally the step back: Jensen Huang resigned as president, CEO and member of the board of directors of Nvidia, effective immediately. This was announced by the board of the chip giant, which the founder had led for 33 years.
Interim leadership passes to CFO Colette Kress, who will also retain her current role, while Harvey Jones, former CEO of Synopsys, becomes the first chair of the board of directors in the company’s history. The board has started the search for a permanent CEO, evaluating internal and external candidates.
The release comes after days of revelations. According to the Financial TimesHuang has had a romantic relationship with Alice Huang, top executive of the cloud computing company Megaspeed: according to US intelligence, she is a spy in the service of China. The New York Times then reported that Huang was having another affair with Kimberly Powell, Nvidia’s vice president of healthcare.
The husband who made the introductions
It was a Chinese businessman he had known for ten years who introduced Jensen Huang, CEO of Nvidia, to his future lover Alice: Kang Wei. But Kang was not just any acquaintance, but Alice Huang’s husband. This is revealed by the Wall Street Journal who heard from sources close to the couple.
According to people familiar with the matter, over the past decade, Kang and Alice Huang have exploited whatever contacts they had available and successfully. They went from one profitable opportunity to another, from video game companies to pharmaceutical acquisitions and cloud computing, and built a network of connected entities each time. Nvidia’s artificial intelligence chips were the latest gamble from a pair with a history of reckless deals in hot sectors, reckless enough to clash with regulators on occasion.
Now the couple is the subject of a series of investigations. American intelligence believes that Alice Huang was recruited by Chinese intelligence as a spy given her closeness to the head of Nvidia. All traces of her have now been lost: the Taiwanese authorities have revoked her visa and she is believed to be in China.
The refuge in Beijing
Chinese businesswoman Alice Huang, identified by US intelligence reports as an alleged Chinese spy and romantically linked to the CEO of chip manufacturer Nvidia, Jensen Huang, is in Beijing. He writes it Bloombergciting people familiar with the matter. Alice Huang, also known as Huang Le, lives in Beijing and Chinese officials are said to have been informed of this, although it is unclear when or why she traveled to the capital and what contacts she has had since her arrival.
Bloomberg reported that the entrepreneur founded Megaspeed International, a Singapore company dedicated to artificial intelligence computing services and which has become one of Nvidia’s main partners in Southeast Asia. US authorities are investigating whether advanced processors subject to export restrictions were subsequently diverted to China through facilities linked to Megaspeed.
Eight trips to Taiwan with a Hong Kong passport
Alice Huang Le, accused by US intelligence of spying for Beijing during her relationship with Nvidia founder Jensen Huang, visited Taiwan a total of eight times in 2024 and 2025, a Taiwanese government minister said. Taiwan, a major player in the global semiconductor industry, finds itself at the center of strategic competition between the United States and China, which claims the self-governing island as part of its territory.
Alice Huang used a Hong Kong passport to enter Taiwan “with the standard status of a business visitor” and there were “no special signs” regarding her at the time, Mainland China Affairs Council Minister Chiu Chui-cheng told lawmakers. Chiu spoke to Taiwan’s parliament in response to MPs’ questions about Alice Huang’s travels to Taiwan and an article in the New York Times according to which the United States would have advised Taiwan, as early as 2024, to monitor its movements.
“At least we in the Mainland China Affairs Council have not received any information on this matter,” Chiu said. “If we had received it, we would certainly have intensified entry controls and the management of cross-border flows.”
Entry ban to Singapore
Alice Huang, a Chinese citizen suspected of espionage and involved in the Nvidia scandal, was banned from entering Singapore last February after she provided inaccurate information during an investigation; the local government made this known. Singapore’s Ministry of the Interior stated that the woman had come under investigation for “her possible involvement in possible crimes in Singapore, due to her role” as a manager at Megaspeed International. Alice Huang is accused of having worked for Beijing, having a relationship with the number one of the chip giant, the American of Taiwanese origin Jensen Huang.