Nvidia Shares Plunge After CEO Huang's Infidelity Confession

Nvidia founder and CEO Jensen Huang published a letter confessing to infidelity to company employees. It was learned that shortly before the confession emerged, Huang was vacationing in Paris with his wife Lori and daughter, posing happily as a family. This development has turned into a scandal around Huang, a key figure in the AI revolution in the US. According to allegations, 41-year-old Chinese national Alice Huang, with whom Huang had a relationship, was identified as an agent working on behalf of China's Ministry of State Security. It was claimed that the woman, a former executive of Singapore-based data center Megaspeed, aimed to access Nvidia's most advanced AI chips through Huang. These allegations escalated the incident into a 'honey trap' scandal and a national security crisis. Following the scandal, Nvidia's board of directors announced it had launched an independent investigation. US President Donald Trump confirmed that the matter is also being investigated by the FBI. While politicians call on Huang to testify before parliament, Huang is facing a tough test as he tries to keep his CEO position at the company. Markets reacted sharply. On a day when global stock indices generally rose, Nvidia shares fell 4.3%, erasing about $200 billion from the company's market value. In a lawsuit filed with the Northern District Court of California, investors argued that Nvidia and CEO Jensen Huang violated the Securities Exchange Act by misleading investors. The plaintiffs alleged that national security risks threatening the company's reputation and commercial future were concealed. Jensen Huang and his wife Lori Huang met at Oregon State University in the early 1980s and married in 1985. The couple has two children, Madison and Spencer, who work at Nvidia. Lori Huang serves as president of the family's Jen-Hsun & Lori Huang Foundation, valued at over $9 billion. Under California law, property acquired during marriage is considered community property, and in the event of divorce, spouses can claim half. According to experts, if there is no prenuptial agreement, Lori Huang could be entitled to half of 670 million shares (worth approximately $60 billion). Not investment advice.