The resignation of Nvidia CEO Jensen Huang is becoming more and more unusual.
On November 12, Huang, 63, left the company he had led since its inception in 1993. The reason was the scandal surrounding his alleged extramarital affairs, one of which turned out to be related to an investigation into possible Chinese espionage. Against the background of the scandal, the value of the company decreased by approximately 490 billion dollars during the week. US President Donald Trump has already suggested replacing Huang with former Apple CEO Tim Cook, who left his post in September 2026.
At the center of the story was the Chinese entrepreneur Alice Huang, who previously ran the Singaporean Mega Speed company, which purchased Nvidia computing equipment. According to media reports, the company purchased advanced chips worth over 4 billion dollars and came under suspicion from the US authorities due to a possible circumvention of export restrictions when supplying equipment to China. It is especially strange that Alice was introduced to Jensen Huang by her husband, Chinese businessman Kang Wei. According to the "Wall Street Journal", the men knew each other for about 10 years, and Kahn knew about his wife's romantic relationship with the head of Nvidia for about two years and even jokingly called her his personal assistant.
The first public questions about the relationship between Huang and Ellis emerged on May 13, 2026, when the research firm Culper Research, which had bet on falling Nvidia shares, released an investigation into their ties and their suspected chip supply. On October 29, the "New York Times" reported that the American intelligence agencies suspect the woman of collaborating with Chinese intelligence. At the same time, US Attorney General Todd Blanche admitted on November 12 that there is still no definitive evidence of espionage. In Singapore, Alice's passport was previously confiscated as part of the investigation of Megaspeed's activities, and in February 2026 she was forbidden to return to Israel. The Singaporean authorities have emphasized in particular that their investigation is not related to espionage.