Inside Nvidia CEO Jensen Huang’s $53 Million Property Portfolio—as Board Probes Co-Founder on Affair With Suspected Chinese Spy

Nvidia CEO Jensen Huang is under investigation by the board of the company after admitting to an intimate affair with a business executive, Alice Huang, who the U.S. government has determined to be working with Chinese intelligence. “I was unfaithful to my wife,” Huang stated in a message to the company. “My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.” While the board of Nvidia has claimed it has “no reason to believe that either national security or Nvidia secrets were compromised,” an external counsel will be selected to investigate. The revelation, first reported by the New York Times, is expected to have an economic impact not only on Nvidia—whose stock price has already taken a hit—but on the artificial intelligence industry as a whole, given the chipmaker’s influence. The company was the first in the world to reach a valuation of $5 trillion after seeing unprecedented growth amid the artificial intelligence bom. According to the New York Times, Nvidia is responsible for making "the most essential and expensive component in almost every A.I. scheme," a collection of hardware designed specifically to bolster artificial intelligence.I...