By Mariam Sharia
Publication Date: 2026-11-09 20:48:00
Of all the things that could have potentially burst the AI bubble, few would have had the CEO of Nvidia’s extramarital affair on their 2026 bingo card.
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On Sunday, Nvidia founder and CEO Jensen Huang admitted to cheating on his wife amid reports that he’d been romantically involved with a businesswoman suspected by U.S. intelligence officials of spying for China.

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The revelations prompted Nvidia’s board to launch an independent investigation into whether Huang had been targeted by a foreign intelligence (or “honeypot”) operation. The company says it currently has no reason to believe any corporate secrets or national security information were compromised.

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In an apology published on Nvidia’s website, Haung acknowledged his infidelity, writing, “I owe my family and all of you an apology. I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry,” he continued, adding that he would cooperate fully with the investigation.

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By Monday morning, Nvidia shares had plunged nearly 8% before recovering to around 4%, briefly erasing over $200 billion from the chipmaker’s market value.

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