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Jensen Huang: Silicon Valley superstar engulfed by personal scandal

BBC Business · 2026-11-09

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• What happened: Jensen Huang: Silicon Valley superstar engulfed by personal scandal Image source, Getty ImagesByLily Jamali, North America Technology correspondent and Peter Hoskins, Business reporterPublished28 minutes agoJensen Huang is one of the technology industry's most high-profile figures.He rose to prominence as the business ... • Why it matters: This update may be relevant for Cyprus residents, visitors, businesses or policymakers. • What to watch next: Follow CyprusDailyLife for updates.

Image source, Getty ImagesByLily Jamali, North America Technology correspondent and Peter Hoskins, Business reporterPublished28 minutes agoJensen Huang is one of the technology industry's most high-profile figures.He rose to prominence as the business he leads - artificial intelligence (AI) chip giant Nvidia - became one of the world's most valuable companies.As the face of the AI boom, Huang also became close to Donald Trump as the president pushed for the US to keep its dominance of the technology over China.The 63-year-old who was once lauded as the "Taylor Swift of tech" and referred to as "Daddy Huang" in Taiwan is now mired in scandal after an affair with a suspected Chinese spy.Who is Jensen Huang?Born in Taiwan in 1963, Huang was nine years old when his family moved to the West Coast of the US. He graduated as an electrical engineer from Oregon State University, and then with a master's degree in the same field from Stanford University.Huang then worked at US chip firm AMD before co-founding Nvidia.He has an estimated fortune of $155bn, according to the Bloomberg Billionaires Index."Jensen Huang is a tech visionary of the likes of Steve Jobs," Stephen Witt, the author of Thinking Machine - a biography on Huang, tells the BBC, adding that he was responsible for creating AI hardware as we know it today. Huang has a famously close relationship with Trump. At the recent AI summit at the White House, where 42 tech executives were present, the president was flanked by Elon Musk and Huang.Trump said he had not spoken to the Nvidia boss since news of the investigation emerged."I just know he's a fine person, but you never know what's going on," Trump told reporters, adding that he had "done an amazing job for our country".Image source, Bloomberg via Getty ImagesHuang has long found himself at the centre of US-China tensions. Trump has repeatedly said the two nations are in a race for dominance.Trump has said "whoever wins AI wins", and the fear is that if China gains the upper hand in AI, it will supercharge the country's military and surveillance capabilities.The US advantage is in large part because of US companies like Nvidia, working with producers like the Taiwan Semiconductor Manufacturing Company (TSMC), which makes more than 90% of the world's most advanced chips.Since 2022 the US has used various export controls to keep the top tech out of China, which it says helps retain America's competitive edge and protects its national security.But it means companies like Nvidia have been largely locked out of the world's most lucrative market, with Jensen Huang once saying that Nvidia's share of the Chinese market had gone from around 95% to effectively zero. In recent years Huang has engaged in a flurry of shuttle diplomacy, dashing between Washington and Beijing, hoping to find a US-approved way back in, and shaping US policy on China along the way.Sunday's revelations may explain why Huang has failed to bring home the biggest prize of all to Nvidia: the Trump administration's blessing to sell all but its most advanced chips to China.Quarter after quarter of late, Nvidia has been locked out of that lucrative market. Despite his ostensible closeness to Trump, Huang has not managed to wrest this concession from the administration.Image source, ReutersImage caption, Huang is commonly referred to as "Daddy Huang" in Taiwan where he was bornWhat is Nvidia?Huang founded Nvidia with fellow electrical engineers Chris Malachowsky and Curtis Priem in 1993.The company was originally known for chips that process graphics, particularly for computer games. Eventually it changed focus to AI, a field it now dominates."In 2012 these machine learning neural net researchers started to use it for that purpose and Jensen immediately recongnised that this was going to be a massive industry and the future of computing. He began to pour enormous amounts of resources into building what was essentially the AI hardware market," says Witt. "Today when we think of that, we think of these giant data centres - none of that existed. There were no customers for the stuff he was building. In fact his first customer was Open AI at the time they had 30 people - he actually gave it to them, he donated it to them." Nvidia is now worth some $4.5 trillion, making it one of the most valuable companies ever."The first real neural net of modern times on an Nvidia network was Alex Krizhevsky's Alexnet and they trained that on two Nvidia cards in Alex's bedroom. Now we do the same thing but we do it with 200,000 - 300,000 cards and instead of doing it in a bedroom we do it in a giant barn full of computers called a data centre," adds Witt. "So when you think about a data centre buildout, when you hear the AI infrastructure buildout, Jensen runs a tollbooth. All of that goes through him. And it made his company at least temporarily, the most valuable company in the world."Nvidia's board has announced a probe following reports by the New York Times that Huang had engaged in a romantic relationship with a woman believed by US intelligence to be a Chinese spy.For now, though, Nvidia's board appears to have little appetite for removing Huang, saying in a statement on Sunday that they have "confidence in Jensen and his leadership team".Sources tell the BBC his removal is unlikely because there is so much money at stake. There is also no clear successor to the 63-year old tech boss.Who is Huang's wife?Huang met his wife Lori at Oregon State University, where she was also studying electrical engineering and was his lab partner.They married in 1985, about eight years before he co-founded Nvidia, and have two children, Madison and Spencer.He has credited Lori and Madison for making black leather jackets his signature style.Image source, Getty ImagesImage caption, Lori Huang accompanied her husband at the state dinner held by President Donald Trump for his Chinese counterpart Xi Jinping in SeptemberIn 2007, the couple founded the Jen-Hsun and Lori Huang Foundation. The charitable fund has seen its assets surge in recent years, driven by the soaring value of Nvidia shares, and is estimated to be worth more than $9bn.Its donations include tens of millions of dollars to engineering programmes at Oregon State and Stanford University."Jensen in my conversations with him and in other conversations has gone to great lengths to present himself as a family man. That's very important to him," says Witt. "He praises his wife, he talks about her in very glowing ways. Both of his children work for Nvidia. Spencer and Maddison. The fallout of this would be bad for anyone's family. But for someone who has gone to such great lengths to cultivate an image of being a family guy and who keeps his children very close, it is very bad."Huang for his part released a statement which said, "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."What do we know about the alleged affair?US officials had concluded that Alice Huang had been recruited to spy by China's top intelligence agency, the New York Times reports.She was a top executive at Megaspeed, a data centre company based in Singapore. The firm had been suspected of helping divert Nvidia chips to China, a concern that Nvidia maintains was investigated and debunked.Surveillance reportedly revealed communications between Alice Huang and an American citizen, who was subsequently identified as Jensen Huang through a process known as "unmasking".It remains unclear what information Alice Huang – who is also known as Huang Le – allegedly passed to Beijing, how valuable it was, or when she is believed to have begun gathering intelligence.Alice Huang did not respond to the paper's request for comment.When the BBC asked Nvidia if the company was aware of intelligence concerns, the company said it was not."We trust that if we were the target of a genuine threat, the US government would have notified us," an Nvidia spokesperson told the BBC.Additional reporting by Ayeshea Perera in Singapore and Helen Davidson in SydneyRelated topicsInternational BusinessArtificial intelligenceMore on this storyNvidia boss rejects AI extinction fears as 'doomsday narratives'Published21 SeptemberChina is winning one AI race, the US another - but either might pull aheadPublished7 AprilNvidia hits new milestone as world's first $5tn companyPublished29 October 2025

Source: BBC Business
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