Trust Tied to Ro Khanna's Wife Sold Nvidia Before Huang Exit

A trust benefiting Ritu Ahuja, the wife of Rep. Ro Khanna (D-Calif.), sold between $1,001 and $15,000 in Nvidia shares on Sept. 4 and again on Oct. 7, according to disclosures tracked by Capitol Trades and reported by the New York Post. The second sale came one day after Nvidia shares touched their all-time high, the Post reported, and roughly a month before a sex-and-spy scandal led to CEO Jensen Huang's resignation.

What exactly did the trust sell and when?

Federal disclosure rules require members of Congress, and in some cases their spouses, to report stock transactions in a defined dollar range rather than an exact figure. The trust tied to Ahuja reported two Nvidia sales, each valued between $1,001 and $15,000, on Sept. 4 and Oct. 7, per Capitol Trades data cited by the Post. Neither transaction is reported above that range in the filings described by the outlet.

How does the timing line up with Nvidia's stock peak?

The Oct. 7 sale landed one day after Nvidia shares hit their all-time high, according to the Post's reporting. Nvidia's stock has since fallen 30% as the fallout from the Huang scandal spread through the company, the Post reported. The Post did not report any additional Nvidia transactions by the trust after October, and the available disclosures do not establish what Ahuja or the trust's administrators knew, if anything, about events inside Nvidia at the time of either sale.

What is the scandal that followed Nvidia's stock peak?

Huang, 63, admitted to an extramarital affair with a woman the Post described as a suspected Chinese honeypot, Alice Huang. He resigned Thursday, the Post reported, after additional reports surfaced of a second affair with Nvidia executive Kimberly Powell, described as his direct report. The Post's account does not specify when Nvidia's board or senior staff first learned of either relationship, and no court filing or company statement establishing that timeline is included in the available reporting.

How did Khanna's office respond to the trade?

A spokesperson for Khanna told the Post the transactions "had nothing to do with insider knowledge." The congressman represents a Silicon Valley district and has been a public supporter of a congressional stock-trading ban, a position the Post noted in its report alongside Khanna's recent comments celebrating Democratic election wins. The Post's story does not include a fuller statement from the congressman's office beyond that single denial, and HTT News could not independently reach Khanna's office for additional comment within the scope of the sourced material.

What rules govern trading by lawmakers and their spouses?

The disclosures that surfaced this trade exist because of the STOCK Act, the 2012 law requiring members of Congress, and transactions involving their spouses and dependent children, to report stock trades within 45 days in band-ranges such as the $1,001-to-$15,000 category used here. The law does not bar lawmakers or their families from owning or trading individual stocks; it only mandates disclosure, which is how the Nvidia sales became public in the first place. Khanna has separately called for banning members of Congress from trading individual stocks altogether, according to the Post, a position that would go further than the STOCK Act's current disclosure-only approach. Legislation to enact a full trading ban has circulated in Congress in various forms for years without passing both chambers, though the Post's report does not detail the current status of any specific bill.

What is still unknown?

The public record described by the Post establishes the dates and dollar ranges of the trust's two Nvidia sales, the stock's subsequent 30% decline, and Huang's resignation following the dual-affair allegations. It does not establish a causal link between the trades and inside information, nor does it detail who at Nvidia controlled the trust's trading decisions or whether Ahuja had any direct role in timing the sales. Capitol Trades' disclosure-based tracking shows transaction timing drawn from public filings, not investment rationale, meaning the overlap between the October sale and the stock's peak is, on the current record, a matter of timing rather than documented intent.