Jensen Huang was introduced to Alice Huang by her own husband, according to a new report by the Wall Street Journal’s Lingling Wei. The husband, a Chinese businessman, had known the Nvidia chief executive for about a decade before making the introduction. When the two men first met in the 2010s, he was a private equity investor focused on video game companies, at a time when Nvidia was still best known for PC gaming graphics cards.
The Journal reports that he is also Alice Huang’s business partner, and that he appeared to accept her romantic relationship with Huang. According to people familiar with the couple, he spoke openly about her closeness to the Nvidia chief.
The report adds a new layer to a scandal that has already put Huang’s job at risk. Huang admitted to an affair in a letter to staff on 8 November, without naming the person involved. Reports have since linked him to Alice Huang, a former executive at the Singapore firm Megaspeed, whom US intelligence reportedly suspects of gathering information for China. Nvidia’s board is reportedly preparing to remove him, although it has not announced a decision, and no charges have been reported against Alice Huang.
The introduction came out of Nvidia’s gaming years
The Journal’s account places the start of the story in the games business. According to the report, the husband got to know Huang while investing in video game companies, years before Nvidia’s data centre chips made it the most valuable chip company in the world. Over the past decade, the couple then moved between business ventures in video game companies, pharmaceutical takeovers and cloud computing, the Journal says. The report does not give an exact date for when Huang and Alice Huang first met.
Video games also run through the wider Megaspeed story. Megaspeed, where Alice Huang worked, was set up in Singapore in 2023 as an offshore unit of 7Road, according to a New York Times investigation. The parent company is a Chinese games and cloud firm, best known for browser games such as DDTank and Wartune. That background, along with its purchases of billions of dollars of Nvidia hardware, is part of why Megaspeed sits at the centre of the scandal. The Journal’s report does not link the husband to Megaspeed or 7Road.
TalkEsport is not naming the husband, who is a private individual, although the Journal identifies him. The report relies on people familiar with the couple, and TalkEsport has not found any public comment from him or from Alice Huang. Nvidia previously described Huang’s interactions with Alice Huang as “not unusual”, saying he meets thousands of customer executives every year. Beijing has rejected the espionage claims as smears against China.
Nvidia’s Singapore revenue line disappeared after Megaspeed was blocklisted
A second Wall Street Journal piece, by columnist Jonathan Weil, looks at Nvidia’s own disclosures. According to Weil, Nvidia stopped reporting its Singapore revenue after the quarter that ended in July 2025, when the country accounted for 22% of its total revenue. That change came after Nvidia placed Megaspeed on a blocklist, the Journal reports. Nvidia’s financial filings report revenue by the customer’s billing location, so revenue billed to Singapore does not necessarily mean chips were shipped there.
The chip trail has also grown since the scandal broke. This week, The Information reported that Alice Huang was linked to Shanghai Century Litong, a Chinese Nvidia cloud partner that it says helped move at least $7.5 billion of Nvidia chips into China since 2023. Reuters said it could not verify that report. Megaspeed itself broke its silence on Thursday with a statement saying it has hired a US law firm to count its GPUs and check its export compliance, without mentioning Nvidia or Huang.
The fallout is already reaching Nvidia’s customers in China. Chinese AI companies are rushing to rent Nvidia-powered computing capacity at data centres outside China, Reuters reported on Thursday, amid fears that Washington will tighten restrictions after the scandal. Inside Nvidia, the Financial Times reported that employees known for their loyalty to Huang were left stunned, and some angry, by the news of his affairs. That contrasts with a Blind poll taken before the second affair report, in which 88% of Nvidia staff who answered said he should stay.
Nvidia’s board still has to decide what the affair means for Huang
The board’s central question is whether Huang’s relationship created a security or governance problem for the company. In a statement after the first reports, the board said it had “no reason to believe” that national security or Nvidia’s secrets had been compromised. It has since hired former federal prosecutor Joon Kim and the law firm Wachtell Lipton to investigate, and it has not said what the investigation covers beyond Huang’s conduct. Under Nvidia’s bylaws, a majority of its 11 directors can remove the chief executive with or without cause, and Huang owns around 3.6% of the company.
The pressure on the board is rising by the day. Nvidia shares closed at $173.73 on Wednesday, then fell 7.25% to $161.13 in after-hours trading as reports spread that directors were preparing to act. The company’s possible successors have already been discussed publicly, with chief financial officer Colette Kress reported as the leading interim option. Nvidia is due to report its third-quarter results on 17 November.
