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Romantic photos show ex-Nvidia boss Jensen Huang with alleged Chinese spy lover as company faces legal peril
New York Post • • business
Key Points:
- Steamy photos surfaced showing Nvidia CEO Jensen Huang with Alice Huang, an alleged Chinese spy, sparking scandal amid revelations of his extramarital affairs, including with Nvidia executives.
- The scandal has wiped approximately $200 billion off Nvidia’s market value and raised concerns about the company’s legal vulnerabilities due to inadequate directors and officers (D&O) liability insurance.
- Nvidia currently holds only Side A D&O insurance, which covers personal legal costs of executives, but lacks Side B and Side C coverage that protect the company itself from lawsuits involving its leaders.
- The company is facing a federal class-action lawsuit alleging failure to disclose significant national security and regulatory risks tied to Jensen Huang’s associations and actions.
- Jensen Huang resigned as Nvidia’s CEO and board member on June 6, 2024, amid mounting legal and reputational pressures stemming from the scandal.
