The story so far · 6 days, October 29 to November 12, 2026
Nvidia board weighs future of CEO Jensen Huang after reports of affairs
One Turn followed this story across 6 editions, from Santa Clara, United States on October 29, 2026. Newest first.
Nvidia is the world's largest maker of AI chips, and Huang co-founded it. He has opposed strict US limits on chip sales to China. Washington and Beijing are in a technology rivalry.
Nvidia's board met Wednesday to decide whether to remove CEO Jensen Huang. Reports say he had two extramarital affairs, one with Alice Huang, an executive at a Singapore-based data center firm. US intelligence reportedly believes she was recruited by Beijing. Nvidia shares fell about 6%, and the company is working with an outside firm to identify possible successors. Huang has admitted an affair but has not given details. The board had not announced a decision in the input.
Why it matters: Nvidia supplies most advanced AI chips, so its leadership and any new US export limits affect tech firms and investors worldwide.
Nvidia's board met Wednesday to decide the future of CEO Jensen Huang, according to US media reports. Huang has admitted an affair with a woman US intelligence is said to suspect of working for China. The New York Times reported a second affair, with a company vice president. Nvidia shares fell more than 8% after hours. The company hired an outside firm to identify possible successors, and a law firm to investigate. Elon Musk said hiring Huang would be an honor. Taiwan revoked the woman's entry permit.
Why it matters: Nvidia is the world's largest AI chipmaker, so its leadership and China ties affect investors and US export policy.
Trump said the FBI is looking into Nvidia CEO Jensen Huang's affair with a woman US officials believed was working for China. Nvidia hired a major US law firm to investigate. A shareholder lawsuit accuses Huang and the company of misleading investors. Nvidia shares fell for a second day. Commerce Secretary Howard Lutnick reportedly also received a memo on the matter, and China denies the spy claim.
Why it matters: Nvidia is central to the AI industry and to US export controls on chips.
Nvidia's board is investigating CEO Jensen Huang after he admitted an affair with a woman US intelligence suspects of working for China. Shares fell more than 4%, wiping out about $200 billion in value. Trump said the FBI is looking into it, and that Huang told him he did not know she was a spy. Shareholders have sued. China rejects the claims as slander. Analysts point to risk because Huang has no clear successor.
Why it matters: The scandal tests US-China tech tensions and the future of the world's leading AI chipmaker.
Nvidia's board said Sunday it is opening an independent investigation into CEO Jensen Huang. Huang admitted to staff he had an affair with a business executive whom US intelligence reportedly determined was working for Chinese intelligence. He said he was unfaithful to his wife and will cooperate. Top House Republicans asked him to brief Congress this month. President Trump called Huang 'fine' and said he has not discussed the allegations with him.
Why it matters: Nvidia is the world's most valuable company and a key supplier of AI chips, so questions about its leadership and China ties affect investors and policy.
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