President Donald Trump will not mention the alleged Chinese espionage involving Alice Huang during his upcoming meeting with Xi Jinping at the APEC summit in Shenzhen. The decision follows Jensen Huang's resignation as Nvidia chief executive after more than three decades, amid reports of multiple affairs, including one with Alice Huang, a former Megaspeed International executive suspected by U.S. intelligence of links to China's Ministry of State Security. Beijing denies the spy allegations, while Nvidia has hired the law firm Wachtell, Lipton, Rosen & Katz to investigate. The APEC summit runs for four days in Shenzhen.
The Information
4 stories since 30 October 2026, newest first
14 November 2026
13 November 2026
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.
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.
30 October 2026
DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, paying $65 per Instacart share, a 26% premium over the 22 Oct closing price. Both boards approved the transaction, which is 75% cash. The combination would bring together the two largest US grocery delivery services. Instacart will keep its brand and app, and users gain access to more than 50,000 additional stores. The deal is expected to close by late 2027 or early 2028, subject to regulatory approval, and antitrust scrutiny could affect it.