Nvidia boss Jensen Huang's two children face a humiliating day at the AI giant where both also work, after their dad's affair was exposed and the company's stock price tanked.
asserted
price → face → giant
Huang, 63, admitted on Sunday that he cheated on his wife, Lori, with Alice Huang, a former executive at Singaporean data center company Megaspeed International who allegedly passed information to Beijing.
uncertain
who → admit → Beijing
Nvidia shares tumbled more than 5 percent in premarket trading Monday morning, with the chip giant on track to shed around $200 billion in market value when trading begins.
asserted
trading → tumble → value
Success in the US stock market, and the retirement accounts of many Americans, is closely tied to AI giants like Nvidia, Microsoft, Amazon, Alphabet and Meta.
asserted
Success → tie → Nvidia
The tech giants make up a significant portion of major stock indexes, including the S&P 500, Dow Jones Industrial Average and Nasdaq Composite.
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giants → make → S&P
All three indexes dipped slightly in premarket trading Monday before recovering to above their Friday closing levels.
asserted
indexes → dip → levels
The market shake-up comes after Huang sent a memo to staff on Sunday admitting that he had been 'unfaithful' to Lori, his wife of 41 years.
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he → come → years
'My actions hurt her and our children.
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actions → hurt → her
There is no excuse for what I did,' according to a company-wide memo obtained by the Daily Mail.
uncertain
I → be → Mail
Huang's two children, daughter Madison and son Spencer, both work for Nvidia.
asserted
children → work → Nvidia
Madison, Lori, Jensen and Spencer Huang, left to right, at the San Jose Education Foundation annual Pioneer and Purpose Gala in May 2007
Nvidia Chief Executive Officer Jensen Huang admitted to cheating on his wife with suspected Chinese spy Alice Huang, pictured together at a party in June 2024
Nvidia shares tumbled more than 5 percent in premarket trading Monday morning, with the chip giant on track to shed around $200 billion in market value when trading begins
Huang's extramarital relationship became a US government concern after surveillance footage revealed that his mistress, Alice Huang, was delivering information to China, an intelligence memo revealed.
uncertain
memo → admit → China
The Nvidia chief and his mistress have no relation, despite sharing the same surname.
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chief → have → surname
The billionaire has not admitted to knowing that Ms Huang is a spy.
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Huang → admit → ?
'To my wife and family: I love you.
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I → love → you
I know an apology cannot undo what I have done.
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I → know → what
I hope our family will heal and that, over time, I can earn back your trust,' he wrote.
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he → hope → trust
Both of Huang's children, who spent their childhoods attending Nvidia events, now hold key positions within high-priority business units at the company.
asserted
who → spend → company
Madison, 34, works in the firm's Omniverse division, earning $1.2 million annually, according to a proxy statement filed in May.
uncertain
Madison → work → May
She is part of the small group of Nvidia executives informally known as 'The Band,' a source told the Wall Street Journal.
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source → know → Journal
The group are tasked with traveling with Huang and managing his presentation at speaking events.
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group → task → events
But before joining her father's business, Madison studied at the Culinary Institute of America and Le Cordon Bleu, before working for luxury goods conglomerate LVMH.
Spencer, 35, serves as the director of product management within the firm's robotics division and earns a salary of roughly $1.3 million, public records showed.
asserted
records → join → million
AI giants, like Nvidia, make up a significant portion of major stock indexes, including the S&P 500, Dow Jones Industrial Average and Nasdaq Composite.
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giants → make → S&P
All three indexes dipped slightly in premarket trading Monday before recovering to above their Friday closing levels
Before working at Nvidia, he opened a popular cocktail bar in Taipei, the capital city of Taiwan.
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he → dip → Taiwan
He also earned an MBA at New York University.
asserted
He → earn → University
Madison's husband, Nico Caprez, a former Alpine ski racer, is one of the top executives tasked with managing the company's relationships with cloud-computing providers.
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husband → task → providers
Caprez, who started dating Madison while they both attended business school in London, joined the firm in 2024 as a corporate development manager.
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they → start → manager
He was promoted to a vice president in January this year.
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He → promote → January
Even when his children were young, Jensen Huang hoped that they would one day succeed him as the head of Nvidia, an insider told the WSJ.
asserted
insider → hop → WSJ
He also reportedly once said during an Nvidia all-hands meeting that parents would not suggest their children for roles in a company if they were not qualified to perform the duties of the job.
uncertain
they → say → job
He added that sometimes company heirs will go on to outperform their parents.
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heirs → add → parents
She often accompanies her husband to events.
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She → accompany → events
It is unclear when Huang's affair with Ms Huang began, but the pair were first photographed together at a bar in Taipei in June 2024.
uncertain
pair → begin → June
Huang attended a state dinner that was hosted at the White House for Jinping alongside his wife, Lori, on September 24.
asserted
that → attend → September
The pair were all smiles as they spoke to Apple CEO Tim Cook
Huang (second row, far right) is pictured in Beijing with Donald Trump and Marco Rubio (in front of Huang) on May 14 - despite Rubio sending the memo about the Chinese spy allegations
The Nvidia boss was seen wearing his trademark black leather jacket and enjoying whiskey with other technology executives.
Ms Huang sat beside him during the gathering, which followed a technology trade show.
uncertain
which → speak → show
Photographs were subsequently shared on LinkedIn by technology company NetThunder.
asserted
Photographs → share → NetThunder
They were reportedly seen together again in May 2025, leaving a restaurant in Taipei after a dinner attended by AI suppliers.
uncertain
They → see → suppliers
Nvidia's board has said that it had 'no reason to believe that either national security or Nvidia secrets were compromised' as a result of their relationship, but that it 'will examine all available information.'
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it → say → information
Huang has supported the review, it added.
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it → support → review
The Nvidia boss has become a critical member in President Donald Trump's orbit in recent years because of his company's crucial role in the acceleration of superintelligence.
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boss → become → superintelligence
Trump has defended Huang in the wake of the affair, telling reporters on Sunday night that he is an 'honorable guy' and a 'fine person.'
'He's done an amazing job for our country,' the president said, adding: 'I haven't heard that he's done anything wrong.
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he → defend → anything
…and 11 more, not listed.
The Aporia
