Nvidia CEO Jensen Huang is facing a board investigation into whether he was targeted in a foreign intelligence operation after a media report linked him to a Chinese businesswoman accused of passing information to Beijing, according to Reuters.

According to Reuters, The New York Times reported last month that Huang had a relationship with Alice Huang, an unrelated former executive of Singapore-based cloud computing company Megaspeed. US authorities investigated Alice Huang and concluded that she was a Chinese intelligence asset, the newspaper reported.

Reuters said it could not independently verify the allegations.

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The controversy has brought renewed scrutiny of Huang's personal and professional relationships, as well as Nvidia's role in the intensifying technological rivalry between the United States and China.

Who is Jensen Huang?

Huang, 63, co-founded Nvidia in 1993 alongside Chris Malachowsky and Curtis Priem and has served as its chief executive ever since, making him one of Silicon Valley's longest-serving founder-CEOs, Reuters reported.

Born in Taiwan and raised in the United States, Huang transformed Nvidia from a graphics chipmaker focused on video games into the world's leading supplier of processors used in artificial intelligence computing.

His leadership has placed him among the most influential executives in the global technology industry. His trademark leather jackets and high-profile product launches have also made him one of the most recognisable corporate figures in Silicon Valley.

Huang has been married to Lori Huang for decades. The couple met while studying engineering and have two children, both of whom work at Nvidia.

Their daughter, Madison Huang, is a senior director of product and technical marketing for physical AI platforms at Nvidia, while their son, Spencer Huang, manages robotics software products.

In a message to employees on Sunday, Huang acknowledged being unfaithful to his wife and accepted full responsibility for his actions, Reuters reported.

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What does Nvidia do?

Nvidia's chip designs have played a central role in several major technology developments, including video gaming, autonomous vehicles, cloud computing and artificial intelligence.

Under Huang's leadership, the company made an early investment in AI computing infrastructure. By the time OpenAI launched ChatGPT in late 2022, Nvidia was already positioned to benefit from the rapidly growing demand for processors capable of training and running advanced AI models.

Nvidia subsequently emerged as a critical supplier to major technology firms worldwide. Its valuation climbed from around $420 billion in late 2022 to approximately $4.5 trillion as of November 6, according to Reuters.

Who is Alice Huang and what is Megaspeed?

US authorities have been investigating Megaspeed, a Singapore-based cloud computing company and Nvidia customer, over suspicions that it helped Beijing obtain access to advanced Nvidia AI chips that Washington has restricted from being shipped to China, Reuters reported.

The New York Times reported last month that Alice Huang, a Chinese citizen and former Megaspeed executive, had developed a close relationship with Jensen Huang and allegedly passed information directly to Beijing.

Reuters said it could not independently verify these allegations or establish Alice Huang's current employment status with Megaspeed.

According to Megaspeed's website, the company is an Nvidia Cloud Partner in the Asia-Pacific region. Its offerings include Nvidia's GB200 NVL72 and HGX H100 systems.

Megaspeed did not immediately respond to a request for comment on Monday, which was a public holiday in Singapore, Reuters reported.

Alice Huang also did not respond to the New York Times when it initially published its report last month. Reuters said it could not establish her location to seek comment on Monday.

What national security concerns are involved?

Nvidia occupies a strategically important position in the technology competition between Washington and Beijing. The US government has imposed restrictions on exports of advanced AI processors to China since 2022, citing national security concerns.

The allegations involving Alice Huang have raised questions about whether sensitive information or restricted technology could have been exposed through business and personal connections.

The controversy comes at a sensitive time for Nvidia, with investors increasingly questioning the sustainability of the AI investment boom that has driven the company's extraordinary growth.

The board investigation also puts the spotlight on Huang, whose leadership has been central to Nvidia's transformation into one of the world's most valuable companies.

Senior Republicans in the US House of Representatives have already sought briefings from Huang following the New York Times report, citing national security concerns, Reuters reported.

Nvidia has said its board has no reason to believe that US national security or company secrets were compromised. However, the company has appointed an independent committee of directors to examine all available information.

How will Nvidia conduct the investigation?

Nvidia has said that a committee comprising independent directors will oversee the investigation, with assistance from outside independent legal counsel.

Huang supports the review and has committed to cooperating fully with the investigation, the company said in a statement, according to Reuters.

The probe will examine the available information surrounding the allegations and assess whether any sensitive company or national security-related information was exposed.

(Disclaimer: This article is based on inputs from agencies. These do not represent the views of The Economic Times)