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StocksHigh Impact•13 November 2026•
1 min read

Jensen Huang Resigns as Nvidia CEO Amid Probe Into Chinese Chip Smuggling Network

Key Facts

1Reports traced 22 Dell servers with Nvidia H800 chips to a Shanghai data center despite US export restrictions.
2Jensen Huang stepped down as Nvidia CEO with Colette Kress named interim CEO amid national security concerns.
3Dell terminated all sales and support to Aperia International in February 2025 due to diversion concerns.

Jensen Huang has stepped down as CEO of Nvidia, with Colette Kress named interim CEO amid national security concerns. Reports traced 22 Dell servers equipped with Nvidia H800 chips to a Shanghai data center despite US export restrictions. Bloomberg reported that Dell terminated all sales and support to Aperia International in February 2025 due to concerns over the unauthorized diversion of shipments.

Nvidia closed at $166.19 on November 12, 2026, while Dell closed at $371.17 and Super Micro Computer closed at $26.99 on the same date. The investigation centers on a network allegedly involving Alice Huang, which utilized Singapore-based intermediaries to funnel restricted hardware, including Super Micro Computer servers containing H100 or H200 chips, to sanctioned Chinese projects.

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