Nvidia CEO Jensen Huang admits affair; board opens independent investigation
The gist
Nvidia CEO Jensen Huang admitted an affair with a woman U.S. intelligence officials believed was a Chinese spy.
The board backs him, but the stock is already down sharply and earnings loom.
How it unfolded
- Aug 29, 2026Six pallets of Nvidia hardware valued at $11.4 million left Oakland by truck for Fort Worth, Texas, picked up by a truck bearing a food transportation company's logo.
- Sep 13, 2026Oakland police confirmed a grand theft report was filed over the missing shipment; the investigation is ongoing.
- Nov 5, 2026About 600,000 Nvidia H200 AI chips sat in Hong Kong awaiting shipment to mainland China as Beijing withheld approval for large-scale imports, two people familiar said.
Key terms
- 200-day average
- A moving average is a statistical calculation that averages data points over successive overlapping periods to smooth out short-term fluctuations.
- outside counsel
- A lawyer or law firm hired from outside a company to give legal advice or handle a matter.
Source: Wikipedia