Key points
- Nvidia’s board is reportedly preparing to oust CEO Jensen Huang.
- US officials believe Megaspeed executive Alice Huang is a Chinese spy.
- The Justice Department has taken over the federal investigation into Megaspeed.
Reports indicate that Nvidia’s board is preparing to remove CEO Jensen Huang from his position.reported The Wall Street Journal stated on 11 November 2026 that the board plans to meet to discuss Huang’s future at the company.reportedNvidia is considering firing its CEO after news of an affair and spy links.
The evidence
according to the published report, on 11 November 2026 that Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of health care.reported The Times cited five people who worked at Nvidia for this claim. Nvidia, Huang and Powell have not confirmed the report.
The decision
Nvidia’s shares fell in after-hours trading following the news. The Wall Street Journal reported that the board is preparing to oust Huang.reported The company has not confirmed the board’s intentions or the details of the affair.unverified
What the evidence means
United States officials believe that Alice Huang, a Chinese citizen and executive at Megaspeed, is a Chinese spy. The New York Times stated that officials believe she has been feeding information back to Beijing. Megaspeed is a Singapore-based AI infrastructure company.
What builders can do with it
Developers must navigate government restrictions on Nvidia’s chip sales. The New York Times noted that Nvidia faces limits on selling its most powerful chips to Chinese entities. These restrictions are part of the US and China technological arms race for advanced AI infrastructure.
Why it matters
- Nvidia’s leadership stability could impact the global supply of AI chips.
- Government restrictions on chip sales to Chinese entities affect project planning.
- The Justice Department’s investigation into Megaspeed may influence future partnerships.
- The US and China race for AI infrastructure shapes economic and military futures.
Topics: Nvidia, Jensen Huang, AI chips, national security, Megaspeed
Updated
Then / now / next
Jensen Huang was the established CEO of Nvidia without public controversy.
Reports suggest his board is preparing to oust him amid affair and spy allegations.
The Justice Department investigation into Megaspeed may reveal more details.
Story timeline
- Then Jensen Huang was the established CEO of Nvidia without public controversy.
- 11 Nov 2026 The unfolding Jensen Huang scandal: a timeline
- Now Reports suggest his board is preparing to oust him amid affair and spy allegations.
- Next The Justice Department investigation into Megaspeed may reveal more details.
For readers
Policy
- US officials believe Alice Huang is a Chinese spy feeding information to Beijing.
- Nvidia faces government restrictions on selling powerful chips to Chinese entities.
Investors
- Nvidia’s shares fell in after-hours trading following reports of the board meeting.
- The Justice Department has taken over the federal investigation into Megaspeed.
Developers
- Nvidia’s most powerful chips are restricted from sale to Chinese entities.
- The US and China are racing to build advanced AI infrastructure.
Ask the article
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Your choice stays on this device. No public tally.Questions readers ask
Did Jensen Huang confirm the affair with Kimberly Powell?
No, Nvidia, Huang and Powell have not confirmed the report.
Is Alice Huang related to Jensen Huang?
No, Alice Huang is of no relation to Jensen Huang.
What is the Justice Department investigating?
The Justice Department has taken over the federal investigation into Megaspeed.
Connected stories
Reading receipt
- Nvidia’s board is reportedly preparing to oust CEO Jensen Huang.
- US officials believe Megaspeed executive Alice Huang is a Chinese spy.
- The Justice Department has taken over the federal investigation into Megaspeed.
Still open: Has the Justice Department found evidence of illegal chip sharing?
Still open: Will Nvidia confirm the board’s plan to oust Huang?