Forbidden love scandal extends to Donald Trump: 'US President may be impeached'

The downfall of Jensen Huang, a married father of two who is an industry-conquering businessman and one of the richest people in the world with an estimated personal fortune of $155 billion, has taken a unique turn. In a matter of days, Huang went from superhero to central figure in global infidelity jokes. Just a week ago he was being lauded as the leading superstar of the tech boom that was creating trillions of dollars in value for shareholders. In his native Taiwan, Huang was a hero, greeted like a rock star as a workaholic, perfectionist entrepreneur.

Jensen Huang, who admitted that he had a relationship with businessman Alice Huang, whom the USA accused of spying for China, resigned as Nvidia CEO on Thursday. Huang's decision to resign led to a sharp decline in Nvidia shares. The forbidden love scandal, which affected the markets globally, has also been on the agenda of US politics. It was noted that US President Donald Trump, who invited Huang to his visit to China and listened to the Taiwanese businessman's advice regarding the strategic chip industry, could be dismissed from office.

Hours after the decision to resign, it was claimed that Jensen Huang had a more "intimate relationship" with an unnamed Nvidia employee other than Alice Huang and Nvidia executive Kimberly Powell. When Huang was asked about the second relationship allegations, he replied, "I think you shouldn't talk to me directly," and hung up. Sources stated that company executives were already aware of the relationship between Kimberly Powell and Huang.

NVIDIA SHARES ARE IN COLLAPSE

Nvidia, which was shaken by the forbidden love scandal, was of critical importance for most branches of the technology industry, especially artificial intelligence companies. According to industry experts, it has become difficult to predict the consequences of Huang's resignation.

An official from US President Donald Trump's office made a pessimistic prediction about the consequences of Huang's fall:

"The world economy is devastated."

Nvidia is the world's only supplier of the chips that enable the calculations behind artificial intelligence. Huang's role in the company is so dominant that the company, which has 42 thousand employees, was described by some as a "one-man orchestra". Huang's resignation coincided with a period of concern about the share prices of technology giants and the volatile course of the markets. Following his resignation announcement, Nvidia shares lost up to 14 percent of their value.

Former Nvidia CEO Jensen Huang and businesswoman Alice Huang, who is alleged to have spied for China

JENSEN HUANG WILL TESTIFY IN THE SENATE

Jensen Huang has been summoned to testify before the US Congress, AFP reported. The Senate Banking Committee also requested that US Commerce Secretary Howard Lutnick testify.

Senate Banking Committee Chairman Tim Scott shared on his X account, "Recent reports raise serious concerns about our national security and the protection of sensitive US technology. I request that Jensen Huang and Commerce Secretary Howard Lutnick testify before the Senate Banking Committee."

US Secretary of Commerce Howard Lutnick

MYSTERY FIGURE: ALICE HUANG

Alice Huang was spotted with Jensen Huang many times at official events and dinners in Asia and California in 2024 and 2025. His current whereabouts are unknown. Alice, who comes from a rural area of ​​Hunan province, was a presenter on Chinese state television. He moved to Hong Kong in the mid-2000s, studied the basics of the financial industry at a British bank after completing a master's degree in media studies.

It is speculated that Alice met Jensen Huang through her businessman husband Kang Wei. Nvidia's CEO had known Kang Wei for a decade through their joint work on video game chips.

Sources speaking to the Wall Street Journal (WSJ) reported that Kang knew his wife had been with Jensen for two years and boasted about their closeness, saying that his wife was his personal assistant. Alice Huang and Kang Wei have made various attempts to enter the chip market in recent years. Although the USA has banned the sale of the most advanced chips to China, Alice Huang and her husband are alleged to have shipped billions of dollars worth of chips to China through Singapore-based Megaspeed International, which they founded together.

US intelligence agencies believe that Alice Huang was recruited by China's Ministry of State Security due to her access to Jensen Huang.

CRITICISMS ARE DIRECTED AT TRUMP: 'A SITUATION THAT REQUIRES IMPOSITION'

The scandal is not over yet. Democrats are expected to return to the issue after they take control of Congress in January. It is stated that Trump, who personally owns Nvidia shares, may be questioned. It was noted that although US intelligence warned about Huang's reliability, Trump continued to keep him close, invited him on a trip to China and listened to Huang's advice to produce more Nvidia chips.

According to the Daily Mail, a source close to the US State Department stated that there was "chaos behind the scenes" at Nvidia and said, "Did Trump bring someone who was captured by a Chinese spy to top secret briefings? This is a situation that potentially requires impeachment. Huang gave the Democrats a huge trump card."

WILL HE MOVE TO MUSK'S COMPANY?

There have been claims that Huang could move to Elon Musk's SpaceX company. Musk said it would be "an honor" to work with Huang. This is considered a risky idea, considering the vital role the company plays in the field of defense, especially in the defense of Ukraine, through its satellite internet network.

HOW THE FORBIDDEN LOVE SCANDAL STARTED

Huang's image began to deteriorate on Sunday when he admitted to cheating on his wife of 39 years, Lori Mills. Jensen Huang admitted that he had an affair with his colleague Alice Huang.

In the New York Times (NYT) report, it was reported that US intelligence suspected Alice Huang was a spy working on behalf of the Chinese Communist Party. Following the allegations, Nvidia announced that it would launch an independent investigation into whether Huang was "the target of a foreign intelligence activity." China described the allegations as "baseless slanders".

Huang, who argued that his interactions with Alice Huang a month ago were typical of contacts with Chinese customers and managers and "completely normal", sent an apology email to his employees.

In his message, Huang said, "An apology cannot undo what I did. I hope our family will recover and I can regain your trust over time."

A SIGNIFICANT PART OF NVIDIA SHARES ARE UNDER THE CONTROL OF THE HUANG COUPLE

When allegations emerged that Jensen Huang had affairs with not just one but three women, it became a matter of curiosity whether the former CEO of the world's most valuable company would also be fired from his marriage. Huang has been married to Lori, the mother of his two children, since 1985. Their children are in their 30s and currently work at Nvidia. Lori has yet to make a statement regarding this week's events.