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Nvidia CEO Huang's Spy Affair Scandal Shakes Markets

Nvidia CEO Jensen Huang has admitted to an extramarital affair with Alice Huang, a Chinese businesswoman suspected of spying for Beijing, prompting the company to investigate whether he was the target of a foreign intelligence effort, the Korea Times and KBS World report. The scandal has wiped out about $430 billion in Nvidia's market value over two sessions, triggered a shareholder lawsuit alleging investors were misled, and led to tightened U.S. tech curbs on China, according to Business Korea. U.S. President Donald Trump said Huang had "no idea" his lover was an alleged spy, adding that the CEO was "suffering greatly." Korean media coverage frames the affair as a national security concern for the U.S., with the Korea Times noting it "puts Korea on alert" over potential "honey trap" espionage tactics, while also questioning Nvidia's future as a leading AI chipmaker.

  1. What we know — and what we don't — as Nvidia investigates alleged spy plot involving CEO Korea Times · 2026-11-11
  2. Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair Korea Times · 2026-11-11
  3. Nvidia faces deepening scrutiny over China chip ties, CEO affair Korea Times · 2026-11-11
  4. 'Honey trap': Nvidia spy scandal puts Korea on alert Korea Times · 2026-11-10
  5. Nvidia CEO Jensen Huang Admits Affair with Suspected Chinese Spy KBS World · 2026-11-09
  6. Trump says Huang had 'no idea' lover was alleged Chinese spy Korea Times · 2026-11-10
  7. U.S. Tightens Tech Curbs on China After Nvidia Scandal Business Korea · 2026-11-10

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