Nvidia live updates: Jensen Huang had ‘intimate relationship’ with second employee, Reuters reports

A second affair involving Jensen Huang, co-founder and CEO of Nvidia, has emerged, reigniting speculation about the company's business practices and potential wrongdoing. Huang's previous affair with a subordinate, Kimberly Powell, caught the attention of the board, which then began considering his ouster. Nvidia announced Huang's resignation on Thursday morning, following the publication of the second affair story.

The scandal surrounding Huang's business dealings in China has raised concerns about Nvidia's operations and potential legal issues. Reports suggest that Huang may have been involved in a conspiracy with an alleged Chinese spy, and that the company's business listings in the country were unsubstantial, including a near-empty office in Singapore. Additionally, a Malaysian data center and shopping mall associated with Nvidia's Southeast Asian buyer, Megaspeed, have been found to be inactive.

The investigation into Megaspeed, Nvidia's largest Southeast Asian buyer, has uncovered further problems. The sole director of Megaspeed, Tan Yong Pong, is believed to have disappeared, and the company's ownership is shrouded in mystery, with its Singaporean owner, Swiftdata, listing an office address belonging to an interior design firm.

Alice Huang, the alleged partner of Jensen Huang in the spy scandal, has surfaced in Beijing and is barred from Singapore for giving police inaccurate information. It is reported that her companies invested in the Chinese AI company DeepSeek, promising them Nvidia's Blackwell chips.

These allegations, along with allegations of chip diversion and smuggling, suggest that Nvidia may be embroiled in a web of corruption and misconduct. The recent intervention by Nvidia in a 2025 Commerce Department investigation into Megaspeed, which raised concerns about potential chip smuggling, further fuels speculation that the board's decision to cut Huang loose may be only the beginning of a larger fallout.

As Democrats gain control of both the House and Senate, there is a renewed focus on rooting out corruption, and Nvidia appears to be under increasing scrutiny.