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On November 8, 2026, Nvidia’s board announced an independent investigation into reports that U.S. intelligence agencies suspect Chinese businesswoman Alice Huang gathered information for Beijing after a close relationship—described as romantic—with CEO Jensen Huang. Huang acknowledged that he had been unfaithful to his wife and apologized to his family and the company’s employees, while affirming that he would remain in his position and cooperate with the investigation. The board said it currently had no indication that company secrets or U.S. national security had been compromised. Concerns also center on Alice Huang’s ties to Mega Speed, which purchased more than $4.8 billion worth of Nvidia chips over two years, amid suspicions that advanced computing capabilities may have been made available to Chinese entities. Beijing denied the espionage allegations, while Nvidia shares fell more than 4% amid the developments.
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