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Beijing Slams Nvidia ‘Spy’ Claims as CEO Jensen Huang Admits to Affair

Published: Nov. 9, 2026 4:32 p.m. GMT+8

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File photo: Jensen Huang and wife Lori. Photo: VCG

China’s foreign ministry has rejected U.S. allegations that a woman romantically linked to Nvidia CEO Jensen Huang is a Chinese spy.

At a regular press briefing on Nov. 9, spokesperson Guo Jiakun responded to questions regarding the U.S. claims, stating: “The rhetoric about a so-called Chinese spy is purely based on hearsay and speculation, and is a smear.”

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China’s foreign ministry dismissed US claims that Alice Huang, a woman linked to Nvidia CEO Jensen Huang, is a spy, calling them “hearsay and speculation.”
Jensen Huang admitted to an affair with former Megaspeed executive Alice Huang in an internal email, apologizing to his family and employees.
Nvidia’s board launched an independent investigation; shares fell 4% overnight and 8.8% weekly, while US House committees requested a closed briefing.

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Who’s Who

Nvidia: Nvidia is a leading AI chipmaker whose CEO, Jensen Huang, recently admitted to an affair with Alice Huang, a former Megaspeed executive. China dismissed U.S. spy allegations as smears. Nvidia’s board launched an independent investigation, while U.S. officials seek briefings. Shares fell about 4% following the admission, amid broader chip sector declines.

Megaspeed: Megaspeed is a Singapore-based data center company and a customer of Nvidia. The firm became involved in a controversy when Alice Huang, a former executive there, was romantically linked to Nvidia CEO Jensen Huang, leading to U.S. spy allegations that were denied by China. Nvidia notes Megaspeed receives only routine commercial information.

HSBC: According to the article, HSBC (汇丰银行) is mentioned as a former employer of Alice Huang. Before joining Megaspeed in 2023, she held a position in HSBC's private banking division in Hong Kong, as part of her diverse career in media and finance.

CITIC Securities: Based on the article, CITIC Securities is a Chinese financial firm where Alice Huang—the woman at the center of U.S. spy allegations—previously held a position on the financial markets management committee. She worked there before transitioning to private equity in 2015.

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