Jensen Huang misled several of NVIDIA’s senior leaders about his relationship with Chinese businesswoman Alice Huang, Reuters has reported, citing two people familiar with the matter and internal correspondence the news agency reviewed. Among those he misled were general counsel Tim Teter and chief marketing officer Alison Wagonfeld, according to the report.
Reuters said it reviewed several exchanges from October, on the condition that it not quote the messages verbatim, and described itself as the first outlet to report on the correspondence. Teter, Wagonfeld, Huang’s representative and an NVIDIA spokesperson either declined to comment or did not respond. A call and email to contact details on a business card for Alice Huang also went unanswered.
“Standard business dealings”
According to Reuters, Huang sent two separate messages in October telling NVIDIA leaders, including Teter and Wagonfeld, that his dealings with Alice Huang were standard business interactions with a customer. In other messages he reportedly stressed that his contact with Megaspeed, the Nvidia customer where she was a senior executive, was routine.
The sources told Reuters Huang gave similar assurances twice: in autumn 2025 and again this October, each time after press queries drew some NVIDIA executives’ attention to his ties with Megaspeed and Alice Huang. Reuters only saw the October messages, not the 2025 ones.
Huang’s admission to employees on November 8 that he had been unfaithful to his wife made it harder to sustain that account. His statement did not name Alice Huang. The two share a surname but are not related.
Talk of suing the New York Times
Reuters also reported that Huang discussed taking legal action against the New York Times over its coverage. The people familiar with the matter said Huang urged the legal department to consider action against the paper after an October 2025 article drew attention to his public meetings with Alice Huang. That article also led him to speak with some NVIDIA leaders at the time, though he did not describe the relationship as an affair, the sources said.
No lawsuit was filed. A New York Times spokesperson told Reuters the paper never received a legal demand.
Reuters said it’s unclear when the relationship turned intimate. Photos posted online and verified by the agency show the pair together in the US, China and elsewhere, going back as far as December 2023.
The investigation and the fallout
US authorities have reportedly suspected that Alice Huang was spying for China, which Beijing denies. Reuters said it hasn’t independently verified whether she worked for the Chinese government. What has been reported about her background and the allegations around Megaspeed is still largely unproven. Huang told Bloomberg in an October 29 interview that the US government had not told him about its suspicions.
On November 10, NVIDIA’s independent board members said they had hired the law firm Wachtell, Lipton, Rosen & Katz to run an independent investigation, following reports in the New York Times and Wall Street Journal. The board had opened an inquiry days earlier.
Huang resigned as CEO on Thursday, with CFO Colette Kress stepping in as interim CEO. The New York Times reported earlier this week that he also had a relationship with an NVIDIA employee, and Reuters reported that he had another intimate relationship with a different employee.
The turmoil has hit the stock hard. Per Reuters, NVIDIA shares are down more than 30% from their October 6 closing high, wiping out over $1.8 trillion in market value. The slide accelerated after reports that the board was preparing to oust Huang, and the stock fell nearly 8% in after-hours trading after the New York Times report on a second relationship.
NVIDIA reports third-quarter results on Tuesday, November 17, its first earnings call without Huang at the helm.