Megaspeed Says It Will Cooperate With U.S. Probe Into Nvidia Links
Megaspeed said it will assist investigators as U.S. probes widen over alleged national security risks and possible chip diversions to China.
- On Thursday, November 12, 2026, Nvidia CEO Jensen Huang resigned following a board investigation into his personal relationships and national security concerns. Chief Financial Officer Colette Kress was appointed interim CEO.
- The board probe followed reports that Huang had an extramarital affair with Alice Huang, a former Megaspeed executive whom U.S. intelligence officials reportedly suspect of funnelling information to Beijing.
- Nvidia shares fell about 10 percent in premarket trading Thursday; trading activity surged during the selloff, with cumulative perpetual futures volume reportedly exceeding $4 billion as investors reacted to the leadership change.
- Analyst Tristan Gerra of Baird downgraded Nvidia to Neutral, citing potential for a $5B write-down, while Dan Ives of Yorkville Ives warned the investigation could increase scrutiny of chip sales to China.
- Investors await Nvidia's quarterly earnings report scheduled for November 17, 2026, as market participants remain divided on whether the CEO's departure signals a cooling in sector-wide AI infrastructure spending.
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227 Articles
New York, Nov 12 (EFE).- The actions of technology Nvidia fell by 7.45% in the first bars of Wall Street this Thursday, after the company announced the immediate departure of its co-founder, Jensen Huang, as president, CEO and member of the board of directors. Instead, Nvidia appointed deputy advisor [...] The entry Nvidia falls by 7.45% in stock after the resignation of its co-founder, Jensen Huang was first published in HolaNews.
Nvidia boss Jensen Huang resigned after his private life had hit the headlines. In addition to wife Lori, Kimberly Powell and Alice Huang also come to the spotlight.
Westfalenpost
Hamburger AbendblattThe Nvidia share is massively losing value, after CEO Jensen Huang had been having an affair with a suspected Chinese spy.
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