US Investigates Nvidia CEO Over Alleged China Ties and Lobbying
Key Facts
Nvidia CEO Jensen Huang acknowledged an affair with a woman accused of spying for China. The Wall Street Journal reported that Huang also lobbied President Trump to loosen export controls on semiconductor chips, triggering formal scrutiny into the intersection of personal conduct and national security technology.
NVDA closed at $178.67 on November 9, 2026, as the company faces heightened regulatory and reputational risks. On the same date, peer stocks showed mixed performance, with AMD closing at $508.58, INTC at $59.37, and TSM at $388.62.
Latest Updates · 2
- Notable·
Update: Shareholders filed a class-action lawsuit against Nvidia and Jensen Huang on November 10, 2026. The legal action follows a single-day decline in the company's market capitalization of more than 250 trillion won.
- Major·
Update: Additional reports revealed that the relationship helped Chinese firms obtain $7.5 billion worth of Nvidia chips. These transactions were reportedly facilitated through a network of entities, including Shanghai Century Litong, to bypass export controls.