NVIDIA CEO Jensen Huang initially stated that his interactions with a woman suspected of engaging in espionage for China were "completely normal and not unusual."

But a few days later, he admitted to having an extramarital affair.

When The New York Times first reported that U.S. officials believed an executive from a NVIDIA customer Megaspeed had been recruited by the Chinese government to spy on the chip giant, NVIDIA's public relations department described the interaction between Jensen Huang and this executive – Alice Huang – as standard business dealings.

"The interaction between Ms. Jensen and Ms. Huang was neither unusual nor surprising," a NVIDIA spokesperson told The New York Times in late October. "Meeting with customers is part of CEO's job; Jensen communicates with thousands of corporate executives every year."

Jensen Huang himself also described this relationship in a similar manner.

He also stated that NVIDIA has conducted verifications and confirmed that no chips have been illegally transported to China through Megaspeed.

The Financial Times reported on Friday that U.S. officials believe there is a romantic relationship between Jensen Huang and Alice Huang.

In a memo sent to employees on Sunday, Jensen Huang admitted his infidelity to his wife and apologized to his family and colleagues. "My actions hurt her and our child," he wrote, "There is no excuse for what I did."

In light of Jensen Huang's role as CEO, and the need to maintain the trust of NVIDIA's investors, employees, and other stakeholders, his statements carry significant importance.

On Sunday, the board of directors of this chip giant stated that they are investigating whether Jensen Huang has become a target of foreign intelligence operations.

NVIDIA did not immediately respond to the request for comment from Business Insider.