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Nvidia stock falls nearly 15 percent after Huang resigns

The Hill - Nov 12, 2026

Nvidia stock took a sharp dive on Thursday, after longtime CEO Jensen Huang resigned amid reports he engaged in two extramarital affairs. The chipmaker’s stock fell to $148.80 per share after the opening bell, down 14.4 percent from closing on Wednesday. Nvidia stock later rebounded slightly, topping $162 per share, but it was down about...

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Live updates: Huang exits Nvidia; Democrats look to Alaska, with Colom elected in Mississippi

Nov 12, 2026

Live updates: Huang exits Nvidia; Democrats look to Alaska, with Colom elected in Mississippi

Nvidia CEO Jensen Huang resigned on Thursday from the company he co-founded after revelations of extramarital affairs, including one with a woman alleged to be a spy for China. Sen. Cindy Hyde-Smith (R-Miss.) conceded to Democrat Scott Colom on Wednesday night, notching one more state in the Democrats' belt after last week's blue tsunami flipped several...

Nvidia CEO Jensen Huang resigns amid affair scandals

Nov 12, 2026

Nvidia CEO Jensen Huang resigns amid affair scandals

Nvidia CEO Jensen Huang will step down from his role at the AI chip giant following explosive reports of two extramarital affairs, one of which involved an alleged Chinese spy. The company announced Thursday morning that Huang was resigning immediately and Colette Kress, executive vice president and chief financial officer of Nvidia, will take over...

GOP senator feels 'strongly' Jensen Huang should resign at Nvidia

Nov 12, 2026

GOP senator feels 'strongly' Jensen Huang should resign at Nvidia

Sen. Kevin Cramer (R-N.D.) said he feels “strongly” that Nvidia CEO Jensen Huang should resign following reports alleging the tech leader had an "intimate relationship” with an accused Chinese spy and another with an Nvidia executive who reported to him. "I can't believe we are even considering him not resigning. I mean, I do feel...

Nvidia stock tanks after report of second Jensen Huang affair

Nov 11, 2026

Nvidia stock tanks after report of second Jensen Huang affair

Shares of Nvidia tanked early Wednesday evening, after The New York Times reported that the tech firm’s CEO Jensen Huang had a second affair. The company’s stock was down roughly 8.3 percent during after-hours trading, dipping below $160 per share. Nvidia shares had not fallen below that threshold since June 2025.  Nvidia shares were trading at...

Palantir's Karp says he's been criticizing Trump on immigration 'in private'

Nov 11, 2026

Palantir's Karp says he's been criticizing Trump on immigration 'in private'

Palantir CEO Alex Karp revealed he has been criticizing President Trump “in private” over his handling of immigration and the administration detaining a record number of people throughout the summer.  "Well, I'm really happy to hear the president, you know, in his words: ‘yeah, we kind of went too far," Karp told Politico’s Adam Wren....

Trump embraces Huang as espionage scandal shakes Nvidia

Nov 11, 2026

Trump embraces Huang as espionage scandal shakes Nvidia

President Trump is standing by Nvidia CEO Jensen Huang amid the tech executive’s affair with an alleged spy, heightening national security concerns around the unfolding scandal. While tech observers and lawmakers said Trump’s quick defense of Huang was expected, the situation raises questions about Trump’s tight allyship with industry leaders, and whether it could undermine...

Tech watchdog lays out Democratic agenda for first 100 days

Nov 11, 2026

Tech watchdog lays out Democratic agenda for first 100 days

The Tech Oversight Project is laying out a blueprint for Democrats in their first 100 days of the new Congress, urging the party to keep up the pressure on major tech firms and bring forward legislation tackling social media, AI and data centers. In a memo shared first with The Hill, the tech watchdog group...

Senate Democrat presses Trump administration on Megaspeed probe following Alice Huang allegations

Nov 11, 2026

Senate Democrat presses Trump administration on Megaspeed probe following Alice Huang allegations

Democratic Sen. Michael Bennet (Colo.) is pressing intelligence and commerce leaders in the Trump administration on its investigation into the cloud computing and data center firm Megaspeed following reports the Commerce Department paused their investigation into the company last year. Bennet, in a letter sent Tuesday, asked the heads of the departments of Justice (DOJ),...

Kudlow calls on Nvidia CEO to step down

Nov 11, 2026

Kudlow calls on Nvidia CEO to step down

Fox Business host Larry Kudlow called for Nvidia CEO Jensen Huang to resign after it was revealed the tech billionaire had an affair with a woman suspected of spying for China, arguing the scandal makes him a liability to the AI industry. “Step down, Mr. Huang. Right now,” Kudlow, a former economic adviser to President...

Nvidia CEO 'should have known better': Former FBI special agent

Nov 11, 2026

Nvidia CEO 'should have known better': Former FBI special agent

Former FBI special agent Tracy Walder on Tuesday said Nvidia CEO Jensen Huang "should have known better" after admitting he had an affair with an alleged Chinese spy, which is raising concerns over national security. "Now, someone like him, who's the head of this trillion-dollar company, should have had people around him telling him, 'No,'...

Nvidia stock rebounds as scrutiny into Huang mounts

Nov 11, 2026

Nvidia stock rebounds as scrutiny into Huang mounts

Nvidia’s stock rebounded on Wednesday morning, as the company probes and lawmakers scrutinize CEO Jensen Huang's relationship with an alleged Chinese spy. Shares of the company were up roughly 3.4 percent as of the late morning, trading at above $174 per share. Nvidia’s stock closed below $169 per share on Tuesday, reaching a six-month low...

Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?

Nov 11, 2026

Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO?

Chinese businesswoman Alice Huang has entered the spotlight in the recent days following reports of her intimate relationship with Nvidia CEO Jensen Huang and allegations of her being a spy. A recent New York Times report claimed that American authorities discovered Alice Huang illegally smuggled advanced AI chips into China while developing a “close relationship”...

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