Alleged Chinese spy openly flaunted close relationship with Nvidia CEO Jensen Huang as Trump calls AI tycoon 'honorable guy'

Freshly surfaced photographs show Nvidia chief executive Jensen Huang alongside Chinese businesswoman Huang Le, also known as Alice Huang, as President Donald Trump defended the technology leader as an “honorable guy.”

Huang Le, whom US authorities have accused of passing information to Beijing, reportedly shared the images on her WeChat account before it was taken offline, according to the Financial Times.

The pictures show the pair sitting closely together, smiling side by side and raising wine glasses in a toast.

The timing and locations of the photographs have not been independently established. The Financial Times reported that the images appeared to show the two in Shanghai, California and Hong Kong.

The photographs resurfaced about a week and a half after The New York Times reported that Huang had been involved with Alice Huang, an unrelated former executive at Singapore-based Megaspeed whom US officials allege has ties to Chinese intelligence.

Huang has since acknowledged to Nvidia employees that he was unfaithful to his wife, although he did not provide details about the relationship.

“I was unfaithful to my wife. My actions hurt her and our children,” he said. “There is no excuse for what I did. I am deeply sorry.”

“Regarding the national security concerns raised in news reports, Nvidia’s Board of Directors has initiated an independent investigation,” Huang added. “I support the investigation and will cooperate fully.”

New photos have emerged showing embattled Nvidia CEO Jensen Huang with Chinese businesswoman Huang Le, also known as Alice Huang, whom American authorities have accused of being a Chinese spy

Newly surfaced images show Nvidia CEO Jensen Huang with Chinese businesswoman Huang Le, also known as Alice Huang, whom US authorities have accused of acting as a Chinese intelligence asset

The photos were reportedly shared by Alice Huang on her now defunct WeChat account

Alice Huang reportedly shared the photographs on her WeChat account before it was taken offline

The photos show the AI chip pioneer toasting with Alice Huang

The photos show the AI chip pioneer toasting with Alice Huang

The images show Huang Le sitting close to the 63-year-old Nvidia chief, smiling beside him and joining him in a wine toast

Trump said he had not discussed the allegations with Huang, but described him as a “fine person.” “I hope everything’s fine. He’s done such an incredible job,” the president said.

Asked whether he should have acted on intelligence about the matter, Trump replied: “No, I don’t think so. I think he’s an honorable guy. I think he probably has an excuse for it. You have to hear it.”

Nvidia’s board has said it has “no reason to believe that either national security or Nvidia secrets were compromised” because of Huang’s affair. It nevertheless pledged to “examine all available information.”

The inquiry, announced Sunday, has intensified scrutiny of Huang’s position at Nvidia, the world’s most valuable chipmaker, and of the executive widely regarded as one of the central salesmen of the artificial intelligence boom.

Alice Huang founded Megaspeed in 2023 after working in private equity and television, according to reports.

The company was spun out of 7Road Holdings Ltd, one of China’s largest video game groups, several months after then-President Joe Biden introduced sweeping restrictions on exports of advanced AI chips to China, Bloomberg reported.

Trade records reviewed by Bloomberg showed that Megaspeed imported more than $4.6 billion worth of Nvidia products.

At several facilities in Southeast Asia, Megaspeed also leases Nvidia chips to Chinese technology giant Alibaba Group Holding Ltd, which the US government has accused of having links to the Chinese military.

It remains unknown when or how Alice Huang met Jensen Huang. However, the pair were photographed together at a technology conference in Taipei in 2024.

Pictures posted to LinkedIn by the company NetThunder showed the Nvidia boss and Ms Huang together in a bar in Taipei, Taiwan, in June 2024

Images posted on LinkedIn by NetThunder show Jensen Huang and Alice Huang together at a Taipei bar in June 2024

In a statement, Jensen Huang admitted to cheating on his wife, Lori Huang

Jensen Huang acknowledged in a statement that he had been unfaithful to his wife, Lori Huang

In early 2025, Alice Huang approached Chinese investors about an AI chip venture, highlighting her ability to obtain Nvidia graphics processing units and her commercial ties to Alibaba, two investors told the Financial Times.

She was seeking several hundred million dollars for a data center project in Southeast Asia but did not disclose her relationship with Jensen Huang, according to the investors.

Meanwhile, US officials were briefed that a person identified as Huang Le was working for China’s Ministry of State Security as part of an effort to obtain information about American-made AI chips and potentially persuade Nvidia to make its most advanced semiconductors available in China, The New York Times reported.

US officials said the Megaspeed executive speaks fluent English and maintains connections with senior figures across the AI chip industry.

Separately, Washington investigated Megaspeed over concerns that it may have helped smuggle hardware into China. The inquiry led the government to ask Nvidia to audit the company last year.

Nvidia initially reported that all of the hardware had been accounted for. But records obtained by Bloomberg News indicated that Megaspeed had imported 50,000 more chips than Nvidia identified at its data centers.

Nvidia later promised in December 2025 to return to Megaspeed’s data centers for another inspection. It is not clear whether that review took place.

President Donald Trump said he has not spoken to Mr Huang about the claims, but called him a fine person. The two are pictured at the White House in April 2025

President Donald Trump said he had not discussed the allegations with Jensen Huang but called him a “fine person.” The pair are pictured at the White House in April 2025

Bloomberg News also reported a connection between Megaspeed and Shanghai Hexi, a private equity firm linked to a data center that Chinese state media has described as potentially the country’s largest.

An official Shanghai Hexi post on WeChat listed Huang Le as one of the firm’s directors in 2016. By August 2025, a holding company founded by her reportedly owned a 48 percent stake in the project.

Megaspeed has strongly denied any wrongdoing, telling Bloomberg News that it complies with all regulations governing its operations.

A company spokesperson said Megaspeed was surprised by allegations that a former executive had acted as a foreign intelligence operative.

Nvidia has also said that its earlier review of Megaspeed found no evidence that chips had been diverted. The company said Megaspeed was fully owned and operated outside China and had no Chinese stakeholders.

Even so, the allegations triggered a sharp sell-off in Nvidia shares, wiping roughly $270 billion from the chipmaker’s market value.

The reported intelligence concerns have also prompted calls for testimony on Capitol Hill.

Republican Representatives Brian Mast, John Moolenaar and Rick Crawford, who chair three influential House committees, have asked Huang to attend a closed-door briefing on November 18.

The lawmakers intend to question him about his dealings with Alice Huang and the safeguards Nvidia has put in place to defend against foreign espionage.

The Daily Mail has contacted Megaspeed for comment.

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