Commerce Secretary Howard Lutnick<\/a> to testify in December before the Senate Banking Committee, which he chairs.<\/p>\nIt joins a call for a closed-door interview with the leather-jacketed, 63-year-old Huang on December 1 by three House of Representatives committees, on threat of subpoena.<\/p>\n
Huang, who has been married to his wife Lori for over 40 years, admitted Sunday to an affair, reportedly with Alice Huang, a former senior executive at Singapore-based data center company Megaspeed. The two are not related.<\/p>\n
U.S. intelligence reportedly circulated a memo this spring alleging she was an asset of China\u2019s Ministry of State Security. Beijing has rejected the allegations.<\/p>\n
On Wednesday, The New York Times reported a second affair, citing video of Huang being affectionate with Nvidia\u2019s vice president of health care, Kimberly Powell.<\/p>\n
While Nvidia\u2019s board searches for a permanent successor to Huang, who spent 33 years at the helm of the firm he co-founded, chief Financial Officer Colette Kress will serve as interim CEO.<\/p>\n
Nvidia hit gold when the launch of OpenAI\u2019s ChatGPT in 2022 sparked a global rush to develop AI, with its processors \u2014 once designed for video game graphics \u2014 becoming a crucial ingredient to train and run the technology.<\/p>\n
Informal Trump adviser<\/h4>\n
Nvidia did not give a reason for the departure of Huang, who also gave up his board seat.<\/p>\n
Huang is Nvidia\u2019s largest individual shareholder, with a stake of about 3.6 percent, according to the company.<\/p>\n
The Taiwanese-born businessman was a close informal adviser to President Donald Trump on AI, and had spent years lobbying against curbs on sales of advanced AI chips to China for national security reasons.<\/p>\n
Dan Ives of investment bank Yorkville Ives called it \u201ca dark day for Nvidia and the US tech industry\u201d.<\/p>\n
But he said the board had done what it needed: \u201crip off the band-aid and take Nvidia into its next chapter without him.\u201d<\/p>\n
The board named Harvey Jones, a former chief executive of chip design software firm Synopsys, as chair, and said it expected the company\u2019s operations and product roadmap \u201cto continue without interruption.\u201d<\/p>\n
Interim CEO Kress joined Nvidia in 2013 after nearly 25 years at companies including Cisco and Microsoft.<\/p>\n
Mr. Trump, who had stood by Huang throughout the scandal, said former Apple boss Tim Cook should take over.<\/p>\n
\u201cA Legend replaces a Legend!\u201d Trump said on his Truth Social network, adding that Cook had made Apple \u201cone of the great companies of the world at a fairly short range\u201d.<\/p>\n
\u2018Going through hell\u2019<\/h4>\n
Singapore said on Thursday (November 12, 2026) it had barred Alice Huang, a Chinese national, from re-entering the country in February for giving investigators inaccurate information about her role at Megaspeed, though she was not investigated for espionage.<\/p>\n
Nvidia\u2019s board opened a probe on Sunday into reporting that Mr. Huang had been the target of a \u201cforeign intelligence effort,\u201d while saying it retained confidence in him.<\/p>\n
When asked on Thursday (November 12, 2026) if Mr. Jensen should have stepped down, Mr. Trump said it would depend.<\/p>\n
\u201cIf the woman was a spy, yes. If the woman was not a spy, perhaps it would be different,\u201d Trump said in an interview.<\/p>\n
But Trump said he was confident that Huang will \u201cend up on his feet,\u201d adding: \u201cI spoke to him yesterday. He\u2019s going through hell. What he feels most badly about is his wife and family.\u201d<\/p>\n
At the heart of the spy allegations is the race between the United States and China for supremacy in an industry widely seen as the next industrial revolution.<\/p>\n
Key US lawmakers, including Senate Democratic leader Chuck Schumer, called Thursday for answers on what the Trump administration knew about Huang\u2019s ties to a suspected Chinese spy, days before Trump travels to China for a summit.<\/p>\n
Reports allege the Commerce Department under Secretary Howard Lutnick may have failed to act on suspicions that Megaspeed was helping reroute restricted Nvidia technology to China.<\/p>\n
Singapore\u2019s home ministry said it had repeatedly sought information from the US Justice Department and FBI on a US server supplier during its Megaspeed probe, but \u201creceived limited information or assistance.\u201d<\/p>\n
On Thursday (November 12, 2026), Malaysia also said Friday (November 13, 2026) it was investigating a subsidiary of Megaspeed International over the possible diversion of advanced AI chips to other countries.<\/p>\n
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Published – November 13, 2026 11:52 am IST<\/span><\/p>\n<\/div>\n
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Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"U.S. lawmakers have called Jensen Huang, an architect of the artificial intelligence boom, to face their questions in December after the Nvidia ex-CEO quit over extramarital affairs, including one with a suspected Chinese spy. The scandal has wiped almost half a trillion dollars off Nvidia\u2019s market valuation, as it\u00a0raises national security fears and leaves the […]<\/p>\n","protected":false},"author":1,"featured_media":63037,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-63036","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"_links":{"self":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts\/63036","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/comments?post=63036"}],"version-history":[{"count":0,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/posts\/63036\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/media\/63037"}],"wp:attachment":[{"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/media?parent=63036"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/categories?post=63036"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/waqtdiawaz.com\/index.php\/wp-json\/wp\/v2\/tags?post=63036"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}