Trump disclosed the FBI investigation after speaking to Huang on Monday, Helsingin Sanomat reported on Tuesday, citing Reuters and the BBC. According to Trump, Huang said he had not known the woman was a spy. Trump said he believed him. ‘I think he will come through this fine,’ Trump said, HS reported.

The woman is Alice Huang, a former executive of Megaspeed, a Singapore-based data centre company. In a message to staff on Sunday, Jensen Huang admitted being unfaithful to his wife and apologised.

Nvidia’s board has launched an investigation led by its independent members. The board said it had no reason to believe that national security or Nvidia’s secrets had been compromised. Huang will remain chief executive during the investigation. Nvidia’s shares fell to a seven-month low on Monday, HS reported.

Suspicions that chips ended up in China

US authorities suspect that Nvidia AI chips whose export to China is restricted reached the country via Megaspeed. According to trade data cited by The New York Times, Megaspeed’s Malaysian sister companies bought at least $4.8 billion of Nvidia equipment, including about 136,000 GPUs, between June 2024 and February 2026 (Asia Times).

Bloomberg reported in late 2025 that Megaspeed had bought about $4.6 billion of Nvidia chips since its founding, far more than its own data centres could hold. Bloomberg could not, however, show that the chips had ended up in China (Next). Megaspeed said reviews by the US Commerce Department, Malaysian authorities and Nvidia had found no violations.

Intelligence officials believe Chinese intelligence recruited Alice Huang to gather information about Jensen Huang and to influence Nvidia’s efforts to loosen export controls, TechCrunch reported. China’s foreign ministry has called the allegations slander. TechCrunch notes that Jensen Huang had been pushing for sales to China even before he and Alice Huang reportedly met in early 2024.

As recently as late October, Huang told Bloomberg that their relationship and dealings had been related to Megaspeed and entirely ordinary. Shakeel Hashim of the Transformer newsletter has called for Huang to resign, arguing that Huang misled staff, investors and the public. Hashim also writes that Nvidia’s general counsel, Tim Teter, reportedly contacted the Commerce Department about its Megaspeed investigation, leading the department to transfer the case to the Justice Department. Hashim does not name the source of this information.

Congress demands an explanation

In a letter dated 4 November, the Republican chairs of three House committees asked Huang to attend a closed-door briefing on 18 November, Asia Times reported. The Democrats won both chambers of Congress in the midterm elections. The scandal weakens Nvidia’s negotiating position as the new Congress takes over committee leadership in January, Bloomberg Intelligence said (The Decoder).

Analysts believe the Remote Access Security Act could now advance quickly, Asia Times reported. The bill would extend export controls from chips to cloud computing and stop Chinese companies from remotely renting servers with advanced Nvidia chips in third countries such as Malaysia. Passed by the House in January, it awaits consideration by the Senate.