Nvidia chief executive Jensen Huang appeared relaxed and cheerful during a family trip to Paris with his wife, Lori, and daughter Madison—just days before acknowledging an affair that has been linked to a woman US investigators reportedly suspect of spying for China.
Madison Huang, who works for her father’s trillion-dollar chip company, shared a series of LinkedIn photographs from Nvidia’s GPU Technology Conference, widely known as the “Super Bowl of AI.”
The images captured conference presentations and packed audiences in late October, along with quieter moments as the Huang family traveled through Europe together.
Jensen, 63, was photographed with his arm around Lori, his wife of 41 years, outside the Palais-Royal near the Louvre. He later acknowledged being unfaithful to her.
In another photograph, Lori and Madison smiled in front of a world map while holding two large bouquets of red roses.
The family images took on new significance after reports about Huang’s alleged affair emerged. Alongside the photographs, Madison wrote: “Europe’s AI economy is in full swing— incredible startups, AI applications and robots—the energy was insane.
“Our two-week whirlwind GTC trip across Stockholm, Paris, London, Berlin and Astana comes to a close.”
Reports of Huang’s relationship with Alice Huang, who has been described in reports as an alleged Chinese spy, became public Sunday after the Nvidia chief sent employees a company-wide memo acknowledging that he had cheated on his wife.
The collection includes conference snapshots, candid photographs of Jensen and Lori Huang in the audience, and a family portrait outside Paris’s Palais-Royal.
Lori Huang and daughter Madison were photographed holding red roses during the family’s Paris visit, shortly before Jensen Huang’s admission of infidelity.
Nvidia shares fell sharply Monday morning amid the fallout.
The stock was down nearly 5 percent by 10:20 a.m. ET, erasing approximately $200 billion from the semiconductor giant’s market value. Shares remained 4.27 percent lower at Monday’s close.
The performance of the US stock market—and the retirement savings of millions of Americans—is heavily influenced by major artificial-intelligence companies such as Nvidia, Microsoft, Amazon, Alphabet and Meta.
Together, those technology giants account for a substantial share of leading indexes, including the S&P 500, the Dow Jones Industrial Average and the Nasdaq Composite.
In the memo obtained by the Daily Mail, Huang wrote: “My actions hurt her and our children. There is no excuse for what I did.”
“To my wife and family: I love you. I know an apology cannot undo what I have done. I hope our family will heal and that, over time, I can earn back your trust.”
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Nvidia CEO Jensen Huang acknowledged having an affair with Alice Huang, who is pictured with him at a June 2024 gathering.
An intelligence memo reportedly said a US government investigation into the relationship led officials to suspect that Alice Huang, a former executive at Singapore-based data-center company Megaspeed International, had passed information to Beijing.
The Nvidia chief and Alice Huang are not related, despite sharing a surname. Jensen Huang has not said that he knew of any alleged espionage activity, and he has not admitted that she was a spy.
President Donald Trump said Monday evening that the FBI was examining the matter. “He’s an amazing guy. I just hope there’s no problem,” Trump told reporters.
“I read his statement and I believe he’s suffering greatly. More so because of his family, his wife, who he loves, and his family.”
Trump added that he had asked Huang whether he knew Alice Huang was allegedly working as a spy. “He said, ‘I had no idea that she was.’ And I really believe him,” Trump said.
Huang’s two children, Madison and Spencer, both work at Nvidia. His son-in-law, Nico Caprez, is also a senior employee at the company, which has been valued at around $4 trillion.
Lori Huang, 65, serves as president of the family’s $9 billion charitable foundation and frequently joins her husband at public events.
The timing of Huang’s relationship with Alice Huang remains unclear. The pair were first photographed together at a Taipei bar in June 2024.
Huang was wearing his trademark black leather jacket and drinking whiskey with other technology executives.
Alice Huang sat beside him at the gathering, held after a technology trade show. NetThunder, a technology company, later posted photographs from the event on LinkedIn.
The pair were reportedly seen together again in May 2025, leaving a Taipei restaurant after a dinner attended by AI suppliers.
Nvidia’s board said it had “no reason to believe that either national security or Nvidia secrets were compromised” by the relationship, but added that it “will examine all available information.” The board said Huang supported the review.
In recent years, Huang has become an important figure in Trump’s orbit because of Nvidia’s central role in developing the computing power behind advanced artificial intelligence.
Trump has defended Huang since news of the relationship emerged, describing him on Sunday night as an “honorable guy” and a “fine person.”
“He’s done an amazing job for our country,” the president said. “I haven’t heard that he’s done anything wrong. He dealt with somebody, but, you know, so does everybody else.”