Update: Reuters says Huang misled Nvidia leaders over Megaspeed case before resigning

Update: this article expands Geekiki's coverage of the crisis at Nvidia with new facts revealed by Reuters on the evening of November 13 about the Megaspeed case. Read the previous article: Jensen Huang resigns as Nvidia CEO and Colette Kress takes over as interim chief.

According to Reuters, Jensen Huang misled Nvidia leaders — including general counsel Tim Teter and chief marketing officer Alison Wagonfeld — about the nature of his relationship with Chinese businesswoman Alice Huang, a former executive at Megaspeed, a Nvidia customer. The news agency says it reviewed internal messages from October and spoke to two people familiar with the matter. In two separate messages, Huang described his interactions with Alice Huang and Megaspeed as "standard business dealings with customers" — without saying it was an extramarital affair, which he later admitted to employees.

Reuters also reports that Huang had already played down the relationship in the autumn of 2025, after press coverage drew attention to his public meetings with Alice Huang. The agency says it reviewed only the October 2026 messages, not those from 2025, and that it verified photographs of the two together in the United States, China and elsewhere going back to December 2023.

Discussion about suing The New York Times

According to the sources cited by Reuters, Huang also discussed taking legal action against The New York Times, after the newspaper published an article in October 2025 about his public meetings with Alice Huang. Neither Nvidia nor Huang filed a lawsuit, and the newspaper told Reuters it received no legal demand. Representatives for Huang and Nvidia declined to comment; Teter and Wagonfeld did not respond to requests for comment, and attempts to reach Alice Huang went unanswered.

Board investigation and shareholder lawsuit

On November 10, Nvidia's independent directors hired the law firm Wachtell, Lipton, Rosen & Katz to investigate the Megaspeed case: Huang's relationship with Alice Huang and US authorities' suspicions that she may have acted for China — an allegation Beijing denies and which Reuters says it has not independently verified. A shareholder lawsuit against Nvidia and Huang alleges that investors were misled.

On October 29, Huang told Bloomberg in an interview that the US government had not informed him of its suspicions about Alice Huang. Reuters also reported on November 12 that Huang had intimate relationships with two different Nvidia employees — cases separate from his relationship with Alice Huang.

What remains unproven

It is important to stress: the espionage and chip-diversion allegations in the Megaspeed case are journalistic reports and have not been proven. Huang has not been formally accused of any crime. His resignation was announced on November 12, with no reason given in the official statement, and Colette Kress took over as interim CEO. Geekiki also covered the developments in Congress: Huang agreed to testify before Congress and the Senate summoned the former CEO and the commerce secretary.

Image credit: Nvidia headquarters in Santa Clara, California, photo by Coolcaesar, via Wikimedia Commons (CC BY-SA 4.0).

Sources: Tech360 — Former Nvidia Chief Misled Its Top Lawyer, Sources Say (Reuters); Nakoda AI — Jensen Huang Misled Nvidia's General Counsel About Alice Huang Ties, Sources Say; AI Weekly — Huang misled Nvidia's top lawyer on Megaspeed affair: Reuters; Nvidia — official statement on the CEO transition.

Transparency: this article was produced with the help of artificial intelligence, cross-checking public posts on X and sources from the internet. Please consult the original sources for more details.

By Muse