Alice Huang's husband, Kang Wei, previously introduced her to Nvidia CEO Jensen Huang, having known the prominent tech executive for approximately a decade. Kang reportedly appeared to accept his wife's romantic involvement with Huang and spoke openly about their closeness to associates, even half-jokingly referring to her as the chief executive's personal assistant.
The disclosure regarding how Huang and Alice met emerges as the embattled CEO faces potential ouster following allegations that Alice acted as a Chinese spy, claims that Beijing has denied. Additional reporting has further alleged that Huang maintained a separate affair with Kimberly Powell, a company executive who reported directly to him.
Over the past decade, Kang and Alice navigated a series of lucrative financial ventures spanning video game companies, pharmaceutical takeovers, and cloud computing. Nvidia's artificial intelligence chips allegedly represented the latest endeavor for the couple, who built a track record of pursuing high-profile trades while occasionally encountering regulatory hurdles.
Following the disclosure, Huang acknowledged the affair and apologized for breaching the trust of his family and employees. Meanwhile, the Singapore-based cloud-service provider Megaspeed, where Alice served as an executive, faces scrutiny from United States and Singapore authorities over allegations that it potentially transshipped billions of dollars worth of restricted Nvidia AI chips to China in violation of export laws.
Taiwanese authorities have revoked Alice's entry permit, barring her from the island where she had met Huang on multiple occasions, and are investigating whether her visits involved intelligence gathering or breached anti-infiltration regulations. Singaporean authorities detained Alice in the summer of 2025 before eventually lifting her travel restrictions, allowing her to travel to China earlier this year.
Kang, a former hedge fund manager in his early fifties, was detained in Shanghai earlier in 2026 amid inquiries concerning stock-market manipulation involving listed entities. Following his recent release, he reportedly shared a photograph with friends at Stanford University.
Kang founded Shanghai Hexi in 2010 after establishing his own venture following a career as a prominent fund manager in China. Alice, who pursued a master's degree in media management in the late 2000s, began co-running the firm with Kang in 2016. The enterprise invested across diverse sectors including video games, which initially brought Kang into contact with Huang when Nvidia's primary focus centered on the gaming industry in Asia. Kang and his firm were previously penalized by Chinese securities regulators in 2018 for failing to disclose holdings in a pharmaceutical company and other regulatory infractions, though his challenges to the penalties were dismissed.