Illustrative image showing the ADM Ryzen 7040 series chips displayed at CES 2023 at the Venetian Hotel in Las Vegas, Nevada, on January 4, 2023. (Getty Images)
[People News] At the end of October, The New York Times first revealed in detail the investigation by U.S. intelligence agencies into Huang Renxun, the CEO of Nvidia, concerning his associate Huang Le, who is suspected of engaging in espionage activities for the Chinese Communist Party. On November 4, the chairs of three committees in the U.S. House of Representatives jointly requested that Huang Renxun provide a closed-door briefing to Congress on the 18th about his interactions with Huang Le and the security measures Nvidia has implemented to prevent foreign hostile intelligence infiltration. Following this, from November 6 to 7, both The New York Times and the Financial Times further disclosed that U.S. intelligence agencies believe Huang Le was recruited by the Ministry of State Security of the People's Republic of China and that she is in a romantic relationship with Huang Renxun.
Faced with such public pressure, Huang Renxun had no choice but to respond. On November 8, Axios and Bloomberg reported that Huang Renxun sent an internal email to all employees, publicly admitting his infidelity to his wife and expressing deep remorse. In the email, he stated that he owed an apology to his family and all employees, acknowledging, "I have been unfaithful to my wife. My actions have hurt her and our children. There is no excuse for what I have done." Looking ahead, he expressed, "I hope our family can heal, and over time, I can regain your trust."
Regarding the company, Huang Renxun emphasised that he would take "full responsibility" for his actions and acknowledged that he had failed in his responsibilities to Nvidia's employees, board, and shareholders. Nevertheless, he stated that he would be fully committed to the company's operations and would work hard to regain the trust of employees and other stakeholders.
Huang Renxun's apology letter reveals his intention to mend his relationship with his wife and his hope that, over time, the wounds will heal, allowing him to regain his family's trust. This indicates that moving forward, Huang Renxun plans to distance himself from scandals, end his relationship with Huang Le, and prevent further harm to his family.
On the corporate front, he has committed to working diligently to halt the decline in stock prices. To ensure this, he will maintain a distance from the Chinese Communist Party for at least a while and strictly comply with U.S. government regulations, avoiding any illegal sales of high-end chips to the Chinese Communist Party.
It's important to note that Huang Le's former employer, Megaspeed, where she worked in Singapore, purchased at least $4.8 billion worth of NVIDIA equipment from its Malaysian branch between June 2024 and February 2026. Additionally, in June 2024, photos surfaced showing her and Huang Renxun enjoying whiskey together at a bar in Taipei. The insider details regarding these transactions are likely to be revealed by Huang Renxun in an upcoming closed-door briefing in Congress. As for any potential violations, the investigation team from NVIDIA and the U.S. government will provide clarity.
With Huang Renxun's apology letter now public, it appears that Huang Le, the pawn placed by the Chinese Communist Party in his circle, has effectively been sidelined.
According to the resume provided by Huang Le, she began her career as a reporter at Hunan TV and the Chinese Communist Party's CCTV before transitioning into finance and technology investment, holding positions at HSBC Private Banking and CITIC Securities under the CITIC Group. Such a career shift would be nearly impossible without a strong background and connections.
However, reports indicate that both Hunan TV and China Central Television (CCTV) have denied that Huang Le ever worked for them. This is not surprising, as it is quite common for journalists without formal positions to exist in mainland media. Huang Le briefly worked at both outlets, and it is normal for her not to appear in their directories. Perhaps it was this experience that allowed her to connect with certain individuals within the system, gain access to better resources, and even be recruited as an external operative, acting as a 'swallow' for the Chinese Communist Party (CCP).
Honestly, in some respects, Huang Le's role as a 'swallow' can be seen as successful; she managed to secure Huang Renxun and acquire high-end chips that the CCP lacked. However, compared to Deng Wendi, who once captured media mogul Rupert Murdoch, Huang Le still falls short. Huang Renxun did not choose beauty over power; after all, he is from Taiwan and has spent many years in the United States, so he knows how to prioritise.
So, will the discarded pawn Huang Le follow the example of operative Fang Fang, who once managed to win over several prominent figures, including a Democratic Congressman from California, and has now fled back to China, and also hide in mainland China? This may depend on how much insider information Huang Renxun has provided to the U.S. Congress and government. If it is confirmed that he is suspected of violating U.S. sanctions by smuggling high-end chips, Huang Le will likely be too afraid to enter countries that have extradition treaties with the U.S. Furthermore, if the CCP wants to place new pawns around NVIDIA's executives, it is likely to face significant challenges.
(People News first published) △
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