Jensen Huang has resigned as Nvidia president, chief executive and board member, and Colette Kress is named interim CEO. U.S. intelligence officials suspect his affair partner, Alice Huang, a former Megaspeed executive, was recruited by China's intelligence service, a claim Beijing denies. Huang said on 8 Nov he had been unfaithful to his wife of more than 40 years. Nvidia's board has opened an independent investigation and says it has no evidence company secrets were leaked. Nvidia reports a loss of about $450 billion in market value since the resignation.
Megaspeed International
4 stories since 7 November 2026, newest first
13 November 2026
10 November 2026
Nvidia said on Thursday that Jensen Huang has resigned as president, chief executive and director, effective immediately. Chief Financial Officer Colette Kress is serving as interim chief executive while the board seeks a permanent successor. The departure followed reports of affairs, including one with Alice Huang, a Megaspeed director whom U.S. intelligence says China's top spy agency recruited. Huang admitted in a staff email that he had cheated on his wife. Nvidia shares fell sharply, and the company has lost about $1.8tn (€1.6tn) in market value since its record close on 6 Oct.
9 November 2026
Nvidia's board has opened an independent inquiry into whether a foreign intelligence service targeted CEO Jensen Huang. U.S. authorities are probing Singapore-based Megaspeed over suspected shipments of restricted Nvidia chips to China, with reports citing at least $7.5 billion in chips moved. Nvidia says it has found no evidence of illicit chip transfers. Megaspeed denies wrongdoing, says it will cooperate with U.S. investigations and has retained a U.S. law firm to census its graphics processing units. China dismissed the spying allegations as smears.
7 November 2026
Nvidia's board has opened an independent investigation into CEO Jensen Huang after reports that he had an affair with Alice Huang, a Singapore-based Megaspeed executive whom U.S. intelligence services link to Beijing's espionage. Nvidia shares fell more than 4 percent on Monday, 9 Nov, and kept declining on Tuesday. President Donald Trump said the FBI is investigating, and no one has been charged. Nvidia said it has no reason to believe national security or company secrets were compromised. The company has retained former acting U.S. Attorney Joon H. Kim to lead the inquiry.