A trust linked to the wife of Silicon Valley Rep. Ro Khanna sold Nvidia shares near their peak — just weeks before a sex-and-spy scandal engulfed the company and led to Jensen Huang’s ouster as CEO.
asserted
scandal → link → CEO
The trust benefiting the Bay Area congressman’s wife, Ritu Ahuja, sold between $1,001 and $15,000 in Nvidia shares on Sept. 4 and again Oct. 7, according to disclosures tracked by Capitol Trades.
uncertain
trust → benefit → Trades
The second sale came one day after Nvidia hit its all-time high.
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Nvidia → come → high
Since then, shares have tanked 30% after Huang, 63, admitted to an extramarital affair with suspected Chinese honeypot Alice Huang.
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Huang → tank → Huang
He resigned in disgrace Thursday after reports surfaced of a second affair with Nvidia exec Kimberly Powell, his direct report.
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reports → resign → Powell
“Neither Rep. Khanna nor anyone on his staff received any briefing on Megaspeed, Jensen, or any counterintelligence risks tied to Nvidia,” the spokesperson wrote in a text message.
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spokesperson → receive → message
“He had zero knowledge of this incident until the New York Times report.
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He → have → report
Khanna does not trade stocks and provided zero direction or input into any trades.”
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Khanna → trade → trades
The official added, “Khanna believes there needs to be an investigation into what the administration knew about Jensen and any of Jensen’s ties to China that could have compromised national security.”
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that → add → security
The October transaction was marked as a partial sale, and the same filing showed sales of numerous other holdings that day, including Walmart, Adobe and Boston Scientific.
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filing → mark → Walmart
The family also bought Nvidia shares between June and September.
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family → buy → June
Nvidia shares plunged 8.6% to about $158.78 after hours Wednesday, then sank as low as $148.83 Thursday before rebounding to $164.98 — still down about 5% for the day.
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shares → plunge → day
Founder Jensen Huang resigned Thursday as CEO, president and a director following reports of affairs involving suspected Chinese intelligence asset Alice Huang and Powell, Nvidia’s vice president of health care.
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Huang → resign → care
The New York Times first reported the alleged relationship with Powell.
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Times → report → Powell
Nvidia named finance chief Colette Kress interim CEO and longtime director Harvey C. Jones its first board chair as it launched a search for a permanent CEO.
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it → name → CEO
Khanna is the top Democrat on the House’s select committee examining competition with China.
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Khanna → examine → China
The Nvidia sales represent a small slice of a vast family investment portfolio.
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sales → represent → portfolio
A March analysis by the Washington Sun estimated Khanna’s net worth at $232.7 million and reported 4,284 family stock trades worth more than $59 million in 2025.
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analysis → estimate → 2025
Those figures reflect wealth and trading volume, rather than a verified tally of investment profits.
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figures → reflect → profits
Unusual Whales also identified Khanna as Congress’s most frequent trader in its 2025 report, while noting that the portfolio belongs to his wife and is independently managed.
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portfolio → identify → wife
The transactions continue as Khanna promotes legislation restricting lawmakers’ investments.
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Khanna → continue → investments
“Members of Congress were elected to serve the public, not their portfolios,” Khanna’s campaign website says.
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website → elect → public
He has co-sponsored bills covering members, their spouses and dependent children.
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He → co → members
Khanna has said his household’s investments are held in a trust his in-laws established before his marriage and overseen by an independent trustee.
“Neither my wife nor I direct a trade,” Khanna wrote in July.
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Khanna → say → July
Khanna’s household was not alone in selling Nvidia ahead of the scandal-inspired stock plunge.
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household → sell → plunge
Rep. Pete Sessions’ wife sold $15,001 to $50,000 in Nvidia shares Oct. 2, Rep. Dan Meuser’s wife sold $1,001 to $15,000 Sept. 25, and Rep. Gil Cisneros reported selling $1,001 to $15,000 Oct. 20, according to Quantellect.
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Cisneros → sell → Quantellect
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