reuters.com web signal

Huang misled Nvidia's top lawyer on Megaspeed affair: Reuters

NVIDIA Jensen Huang ai-business

TL;DR

  • In October messages reviewed by Reuters, Jensen Huang told Nvidia's general counsel and CMO his dealings with Chinese businesswoman Alice Huang were "standard business dealings with customers."
  • Alice Huang is an executive at Singapore-based Megaspeed, which U.S. officials had been investigating for more than a year over ties to China.
  • Huang discussed suing the New York Times over its October piece on his meetings with Alice Huang, but the paper says it received no legal demand.

Jensen Huang told Nvidia's general counsel Tim Teter and chief marketing officer Alison Wagonfeld in October messages that his interactions with a Chinese businesswoman and her company, Megaspeed, reflected "standard business dealings with customers," Reuters reported, citing two people familiar with the matter and internal correspondence it had reviewed.

The woman is Alice Huang (no relation), an executive at the Singapore-based company Megaspeed. In other exchanges, according to Reuters, Huang "affirmed the routine nature of his interactions with Megaspeed." The news agency said it had reviewed several of the October messages on condition of not quoting them verbatim.

Huang also discussed taking legal action against the New York Times, which in October ran a piece drawing attention to his public meetings with Alice Huang. A spokesperson for the Times told Reuters the paper received no legal demand.

Huang resigned as Nvidia CEO this week, after the board opened an investigation on November 8 into his acknowledged affair. U.S. officials had already been investigating Alice Huang and Megaspeed for more than a year before the Times broke the story in late October.

The thread of coverage has been running hot: our tracker has logged 263 Nvidia stories in the last 90 days, including reports this week that Huang struggled to reach Chinese policymakers and that U.S. officials said Trump would not raise the Chinese-intelligence allegations at his Shenzhen meeting with Xi.