Rep. Ro Khanna’s wife sold Nvidia stocks near peak before shares plunged over sex scandal

A trust linked to the wife of Silicon Valley Rep. Ro Khanna sold Nvidia shares near their peak — just weeks before a sex-and-spy scandal engulfed the company and led to Jensen Huang’s ouster as CEO.

The trust benefiting the Bay Area congressman’s wife, Ritu Ahuja, sold between $1,001 and $15,000 in Nvidia shares on Sept. 4 and again Oct. 7, according to disclosures tracked by Capitol Trades.

The second sale came one day after Nvidia hit its all-time high.

Since then, shares have tanked 30% after Huang, 63, admitted to an extramarital affair with suspected Chinese honeypot Alice Huang. He resigned in disgrace Thursday after reports surfaced of a second affair with Nvidia exec Kimberly Powell, his direct report.

A spokesperson for Khanna, who supports a congressional stock-trading ban and recently declared “DEI is back!” while celebrating Dems’ election wins, told the California Post that the transactions had nothing to do with insider knowledge.

“Neither Rep. Khanna nor anyone on his staff received any briefing on Megaspeed, Jensen, or any counterintelligence risks tied to Nvidia,” the spokesperson wrote in a text message.

“He had zero knowledge of this incident until the New York Times report. Khanna does not trade stocks and provided zero direction or input into any trades.”

The official added, “Khanna believes there needs to be an investigation into what the administration knew about Jensen and any of Jensen’s ties to China that could have compromised national security.”

The October transaction was marked as a partial sale, and the same filing showed sales of numerous other holdings that day, including Walmart, Adobe and Boston Scientific. The family also bought Nvidia shares between June and September.

Nvidia shares plunged 8.6% to about $158.78 after hours Wednesday, then sank as low as $148.83 Thursday before rebounding to $164.98 — still down about 5% for the day.

Founder Jensen Huang resigned Thursday as CEO, president and a director following reports of affairs involving suspected Chinese intelligence asset Alice Huang and Powell, Nvidia’s vice president of health care.

The New York Times first reported the alleged relationship with Powell.

Nvidia named finance chief Colette Kress interim CEO and longtime director Harvey C. Jones its first board chair as it launched a search for a permanent CEO.

Khanna is the top Democrat on the House’s select committee examining competition with China. The Nvidia sales represent a small slice of a vast family investment portfolio.

A March analysis by the Washington Sun estimated Khanna’s net worth at $232.7 million and reported 4,284 family stock trades worth more than $59 million in 2025.

Those figures reflect wealth and trading volume, rather than a verified tally of investment profits.

Unusual Whales also identified Khanna as Congress’s most frequent trader in its 2025 report, while noting that the portfolio belongs to his wife and is independently managed.

The transactions continue as Khanna promotes legislation restricting lawmakers’ investments.

“Members of Congress were elected to serve the public, not their portfolios,” Khanna’s campaign website says. He has co-sponsored bills covering members, their spouses and dependent children.

Khanna has said his household’s investments are held in a trust his in-laws established before his marriage and overseen by an independent trustee.

“Neither my wife nor I direct a trade,” Khanna wrote in July.

Khanna’s household was not alone in selling Nvidia ahead of the scandal-inspired stock plunge.

Rep. Pete Sessions’ wife sold $15,001 to $50,000 in Nvidia shares Oct. 2, Rep. Dan Meuser’s wife sold $1,001 to $15,000 Sept. 25, and Rep. Gil Cisneros reported selling $1,001 to $15,000 Oct. 20, according to Quantellect.

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