Jensen Huang, CEO of Nvidia, admitted to having an extramarital affair, sparking widespread speculation about the possibility of his separation from his wife, Lori Huang, amid questions about the fate of his huge fortune, estimated at about $155.2 billion, and the possibility of his wife getting half of it in the event of a divorce.
Huang is considered one of the 10 richest people in the world, according to Forbes magazine estimates, although he briefly dropped out of the top 10 list on Monday, coinciding with a decline in his company's shares.
Huang had admitted in a letter to company employees on Sunday that he was “unfaithful to his wife,” following reports that he had a relationship with a woman named Alice Huang, who was allegedly a spy working for China.
Jensen Huang's relationship with his wife goes back to the mid-eighties of the last century, when they met during their studies at Oregon State University, years before he founded Nvidia.
The CEO previously praised his wife's role in his career, saying that she "was part of (NVIDIA) at every step."
In his apology to his wife and family, Huang acknowledged that his actions had hurt them, saying: “I hurt my wife and children,” adding: “I take full responsibility for what I did and the pain I caused.”
He continued: “I know that an apology cannot fix what I did,” expressing his hope that his family will be able to overcome the crisis, saying: “I hope that our family will recover, and that over time I will be able to regain your trust.”
Despite these apologies, Lori Huang did not issue any public comment regarding the incident, nor did she reveal her position on the continuation of the marriage or the possibility of separation.
Lori Huang's share of her husband's wealth
Questions are rising about the wife’s potential share of her husband’s wealth, especially since the US state of California applies the joint property system between spouses, which requires that assets acquired during the marriage, such as stocks, real estate, income, retirement accounts, shares in companies, and personal property, be divided equally upon divorce, unless there are legal agreements stipulating otherwise.
Under this system, Huang's share in Nvidia, along with the proceeds and money he collected during the years of marriage, may become divisible assets, which could give his wife at least $75 billion, according to current estimates published by Forbes magazine, if the divorce takes place and the rules of joint ownership apply to these assets.
But the final amount remains undecided, as it depends on the nature of the actual ownership of the assets and whether the spouses have signed a pre- or post-nuptial agreement that specifies separate property from joint ownership.
The company's official documents from 2026 indicate that most of the shares attributed to Jensen Huang are held in trusts that the spouses manage as joint trustees, which may mean that they have a joint interest in them.
The Wall Street Journal also reported that Huang recently spoke to his colleagues about the major role his wife plays in his life, noting that she handles many of his affairs, including signing papers and managing money. He even joked that he “does not know his home address, and does not pay any of his bills.”
Huang owns more than 3.5 percent of NVIDIA shares, making him the largest shareholder in the company, and this share may become one of the most prominent assets up for division if the marriage ends in divorce.
If Lori Huang receives half of her husband's wealth, the value of her financial settlement may exceed what some billionaires' wives received after the separation, as MacKenzie Scott, the former wife of Amazon founder Jeff Bezos, obtained a share in the company worth about $36 billion at the time of the divorce.
Following her separation from Microsoft founder Bill Gates in 2021, Melinda French Gates also obtained billions of dollars, including at least $12.5 billion to support her charitable projects, in addition to transferring shares and other financial assets to her.
US President Donald Trump announced his support for Defense Secretary Pete Hegseth, who is facing impeachment proceedings, saying that he had done a “very good job” and that he had “won” two wars in Venezuela and Iran.
Hours after a Republican representative on Monday launched measures to impeach Hegseth, Trump defended him during a press conference at the White House, saying: “Yes, I will stand by him... He won two wars.” "He was the one who made the decision."
On Monday, Republican Representative Thomas Massie launched a procedure to isolate Hegseth against the backdrop of the war on Iran, although it may not lead to his removal even after the Democrats took control of Congress following their victory in the midterm elections.
Massie, a representative from Kentucky, presented eight articles of impeachment, accusing Hegseth in particular of waging war without legal authorization from Congress, and of abusing his powers as Secretary of Defense.
The House of Representatives - controlled by Republicans - can begin voting on the impeachment procedure as of Wednesday. A number of representatives of the Republican Party, to which the US President belongs, said that they may support the dismissal of the Secretary of Defense, who has held this position since Donald Trump returned to the White House in early 2025.
Foreign Minister Marco Rubio also defended Hegseth on Monday during his visit to Paris, and said in a statement to reporters: “I think this is unfair.” I think Pete did a good job,” praising his colleague, describing him as “hardworking and very smart,” according to what was reported by Agence France-Presse.
Rubio credited Hegseth with helping to build partnerships to confront drug cartels in the Americas, significantly weakening the Iranian army, and supervising the operation during which former Venezuelan President Nicolas Maduro was arrested.
Voting in favor of impeachment will be a setback for the Trump administration, in addition to the significant victory achieved by the Democrats in the midterm elections last week, which allowed them to control Congress with both houses (Representatives and Senate) in light of a state of popular anger over the war in Iran and the rise in fuel prices.
However, impeachment will not automatically oust Hegseth, as that would require his trial and conviction by two-thirds of the members of the Senate, which are two obstacles that will be difficult to overcome, even after the inauguration of the new members of Congress in early 2027.
“He must leave”
Massie, a critic of Trump who lost the primary election to a candidate supported by the president, resorted to a special procedure requiring the House of Representatives to consider his decision within two legislative days.
Massey said, “Secretary Hegseth acted in a manner inconsistent with the trust placed in him as Secretary of Defense... causing grave harm to the cause of truth and justice, and at the expense of the interest of the American people.”
Massey accused Hegseth of violating the law by waging war on Iran without obtaining authorization from Congress, in addition to “ignoring laws aimed at reducing the number of civilian casualties,” focusing on the bombing of a primary school in the city of Minab in southern Iran at the beginning of the war, which resulted in the killing of more than 120 children, according to the Iranian authorities.
The Republican representative also criticized the Minister of Defense against the backdrop of “extrajudicial executions,” in connection with the US Army launching strikes targeting boats suspected of belonging to drug smugglers in the Caribbean and the Pacific.
The Pentagon rejected those accusations.
Hakeem Jeffries, the House Democratic leader who is expected to take over as speaker in January, said on Sunday that he supports impeachment.
“The so-called Secretary of Defense has abused his power, undermined our national security, and orchestrated this reckless and costly war of choice in Iran,” Jeffries told ABC News.
"Pete Hegseth must go," he added.
Some Republicans are hesitant. Arkansas Congressman French Hill said he would like to hear the debate before deciding whether the charges warrant impeachment.
Under the Constitution, the House of Representatives can bring impeachment by a simple majority. The Senate then holds a trial, with the conviction and removal of the official requiring the approval of two-thirds of the senators present.
Democrats will need significant support from Republicans even after obtaining the majority in the Senate. In the history of the United States, only two government ministers were subject to impeachment procedures, and the Senate did not dismiss any of them.
For his part, Hegseth described Massey's effort as "fabricated," describing him as a "complaining" member of Congress. For its part, the Ministry of Defense set a date for a press conference for Hegseth on Tuesday, while Trump publicly pledged to keep him in his position.
For his part, Trump announced Monday his support for Hegseth, saying that he had done a “very good job” and that he had “won” two wars in Venezuela and Iran.
Republican Representative Don Bacon questioned Massey's logic, but said that Hegseth deserved to be impeached for withholding aid to Ukraine, removing about 80 high-ranking military officers, or obstructing their promotions.
“There is a group of us talking about this issue,” Bacon told CNN, calling on Hegseth to resign.
Alice Huang, a former executive at a Singapore-based AI computing company, is at the center of a suspected Chinese espionage scandal, after Nvidia CEO Jensen Huang admitted to having an extramarital affair with a woman suspected of being linked to Chinese intelligence.
The American investigations are focusing on the possibility of exploiting this relationship to access sensitive information about the company and its advanced technologies, in light of the intense competition between Washington and Beijing for leadership in artificial intelligence.
So who is Alice Huang? What is her professional background? What is the nature of its connections with Jensen Huang and Nvidia?
Jensen Huang confesses his relationship with Alice Huang
Over the weekend, in a letter to Nvidia employees, Jensen Huang admitted that he had a romantic relationship with a woman suspected of being a “Chinese spy.”
Although he did not mention Alice Huang's name, his message came after the New York Times first reported, in October, that "US authorities believe she is working as a spy for China."
Photos taken in 2024 and 2025 also showed Alice and Jensen Huang together.
Although they have the same last name, Alice Huang and Jensen Huang are not related, nor are they married. Jensen Huang has been married to Lori Huang for 40 years, according to a report published by Axios.
An American investigation examines Alice Huang's links to Chinese intelligence
Little is known about Alice Huang. It took over the management of Megaspeed International, which is based in Singapore and works in the field of cloud computing and data centers, and has become one of Nvidia's major clients, with purchases worth billions of dollars, according to the Axios website.
The New York Times reported on Monday that the US Department of Commerce was leading the investigation into Megaspeed, before referring the file to the Department of Justice, after Nvidia contacted the authorities regarding the case.
Who is Alice Huang? What is her professional background?
Huang, also known as Huang Li, is a Chinese citizen, and has a professional background that is said to include work in journalism and the financial sector, according to Axios.
An investigation conducted by Agence France-Presse found a profile published on the Internet indicating that she had previously worked for the financial services company HSBC, as well as for China Central Television Corporation (CCTV) and Hunan TV.
But the agency said it was unable to independently verify this information.
Did Chinese intelligence recruit Alice Huang to collect information about NVIDIA?
The New York Times reported that the Chinese Ministry of State Security recruited Alice Huang to collect information about Jensen Huang and influence his position on selling artificial intelligence chips to Chinese companies.
But it is still unclear what kind of information she provided to Beijing, and whether she obtained any information from Jensen Huang.
Nvidia's board of directors said it had no reason to believe that Alice Huang obtained the company's trade secrets. China also denied the accusations.
Megaspeed company... from video games to computing with artificial intelligence
The Axios report indicated that Alice Huang was a former executive at MegaSpeed International, which rents computing capabilities based on advanced processors from NVIDIA, allowing customers to operate artificial intelligence systems without the need to own the chips themselves.
Before changing its name to Megaspeed, the company was known as 7Road International, a subsidiary of 7Road Holdings, a prominent Chinese group in the field of video game development. Before the artificial intelligence boom, NVIDIA products were mainly used in the video game industry.
During the 2010s, Alice worked for Shanghai Hexi Investment Management, which had investment relationships with the video game company 7Road. It also sold a cloud computing business to 7Road in 2019, according to documents compiled by Tesari AI, a startup specializing in artificial intelligence applications related to national security.
“7Road International”, a subsidiary of the “7Road Holdings” group in Singapore, transformed into “Megaspeed” in March 2023, and Alice Huang became its managing director, according to “Tesari AI” documents. Her company, Huang Le Limited, became the sole owner of Megaspeed.
In November 2023, Megaspeed was acquired by a company called Swiftdata, and Alice Huang and another director named Kang Yang quickly resigned from the company.
In October 2025, the company was subjected to an investigation by the Singaporean police on suspicion of violating local laws, but the specific nature of the violations was not announced.
Employees told the Wall Street Journal that Alice Huang continued to run the business after resigning from her position.
“Alice Huang is actually still our director,” one employee told Culper Research, which published an investigation into Nvidia’s business in China in May 2026.
How was MegaSpeed linked to Nvidia chips?
MegaSpeed became an official partner of NVIDIA in the field of cloud services in 2023, according to Bloomberg, and purchased chips from the American company worth more than $4.8 billion in about two years, according to the Associated Press.
According to the New York Times, Alice Huang bragged about her relationships with Jensen Huang, her access to him, and her connections to Nvidia, in order to raise funding for her business projects.
A Megaspeed employee also told Culper that Jensen Huang would sometimes visit the company, adding that the relationship between him and Alice was “very close.”
The growth of Megaspeed's assets to $3 billion raises questions
The size of MegaSpeed's balance sheet swelled from $33 million at the end of 2023 to about $3 billion one year later, according to corporate records examined by Culper, an investment firm that adopts financial positions that benefit from the decline in the value of Nvidia's shares.
The institution attributed a large part of this growth to refundable deposits amounting to about $2.9 billion, received from an unidentified source.
This financing raised additional questions about the nature of Megaspeed's relationships with Chinese companies.
In a more recent development, the Financial Times reported that in early 2025, Alice Huang and her business partner Kang Wei told investors that they “had no problem securing graphics processing units,” and they also praised Alibaba as a client for a new data center project.
What are the US authorities investigating regarding Nvidia and China?
US authorities, including the Departments of Commerce and Justice, are investigating whether MegaSpeed helped Chinese companies obtain advanced processors from NVIDIA, and whether this constituted a violation of restrictions imposed on the export of US technology.
In December 2025, the company denied transferring the chips illegally, and announced that it intends to cooperate with the American authorities in the investigation.
The US Congress requests a closed briefing from Jensen Huang
The heads of three committees in the US House of Representatives, belonging to the Republican Party, requested a closed briefing with Jensen Huang on November 18, to discuss his contacts with Alice Huang, and the measures Nvidia is taking to protect itself from foreign threats.
