What did Jensen Huang write to Nvidia staff?
Huang’s email to employees, published by CNBC and first reported by Axios, opens:
“To my colleagues at NVIDIA, 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.”
In the rest of the letter, as reported, Huang:
- thanks his family for supporting him throughout his life, and apologises to his wife, Lori Huang, and their children;
- says he takes full responsibility for his actions and fell short of what he owes Nvidia’s employees, board and shareholders;
- says he will cooperate fully with the board’s investigation.
Axios described the version it obtained as a draft, and the wording reported by different outlets varies slightly after the opening lines. For the full text, see CNBC’s copy in the sources below.
What does Nvidia’s board statement say?
Nvidia’s board of directors issued a statement the same day. Its main points:
- The board is opening an independent investigation after reports that Huang was the target of a foreign intelligence effort.
- A committee of independent directors, working with outside counsel, will run it.
- “While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board’s inquiry will examine all available information.”
- The board says it has confidence in Jensen and his leadership team, and will give further updates as appropriate.
A company spokesperson added that Huang is “committed to continuing to lead NVIDIA as CEO without interruption.”
Who is the woman, and what is alleged?
The reports name Alice Huang, a Singapore-based executive at Megaspeed, an Nvidia customer (she is not related to Jensen Huang). According to the Financial Times and the New York Times, US officials believe she was recruited by China’s Ministry of State Security, possibly to seek information and push for Nvidia’s advanced chips to be allowed into China. This has not been independently confirmed, she has not been charged, and China’s embassy in the US called the reports baseless. More in Megaspeed and Alice Huang explained.
Who are Jensen and Lori Huang?
Jensen Huang co-founded Nvidia in 1993 and has been its CEO ever since, taking it from graphics cards for gamers to the world’s leading maker of AI chips. He met his wife, Lori, when they were engineering students at Oregon State University; they have been married for about four decades and have two adult children, Spencer and Madison. Lori Huang leads the couple’s charitable foundation. Read more in who is Lori Huang.
What does the letter mean for Nvidia (NVDA) shareholders?
- Huang is not stepping aside. Both the letter and the board say he continues as CEO.
- The open question is the investigation. The board’s “no reason to believe” is a starting position, not a finding.
- Washington matters. US lawmakers from both parties want answers, and Nvidia’s China sales depend on US export rules.
- Shares fell about 3% in after-hours trading on the news, according to reports.
We explain the risk in what it means for Nvidia shareholders. Nothing here is a call to buy or sell.
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Frequently Asked Questions
What did Jensen Huang say in his letter?
That he owed his family and Nvidia’s staff an apology, that he was unfaithful to his wife and that his actions hurt her and their children. He took full responsibility and said he would cooperate with the investigation.
What did Nvidia’s board say?
It opened an independent investigation led by independent directors with outside counsel, said it has no reason to believe national security or Nvidia secrets were compromised, and expressed confidence in Huang.
Is Jensen Huang still Nvidia’s CEO?
Yes. Nvidia says he will continue to lead the company without interruption while the board investigates.
Sources
This is a developing story, written from the reports above as of 9 November 2026 (Malaysia time). The espionage claims are allegations by US officials reported by the media; they have not been proven, no one has been charged, and China has called the reports baseless.
Disclaimer: This article is for education and information only. It is not a recommendation to buy, sell or hold any security. Dexter Chia is a licensed dealer’s representative (R336) at Malacca Securities (M+ Global).
