Jensen Huang Resigns After Nvidia Scandal
Nvidia co-founder Jensen Huang resigned on Wednesday, November 13, 2026, following revelations of two extramarital affairs that triggered a sharp drop in company shares and shook Wall Street. The chipmaker has grown into a $5.7 trillion economic giant that controls roughly 90 percent of the advanced microchip market powering artificial intelligence.
Huang stepped down after disclosures revealed a relationship with Alice Huang, an entrepreneur suspected by American intelligence of spying for China, Italpress reported. Company records and intelligence briefings also uncovered a second affair with an internal Nvidia executive, which unsettled the technology sector.
President Donald Trump received warnings from intelligence agencies and Secretary of State Marco Rubio regarding the security risks tied to Alice Huang before Huang’s departure, according to reporting from The New York Times. Despite those warnings, the administration took no action while Huang maintained regular access to the White House to influence federal policy on technology exports to Beijing.
Congressional committees are now investigating what the president knew and why officials allowed the executive to shape trade policy despite the ongoing counterintelligence concerns. Lawmakers plan to add the matter to a growing list of inquiries facing the current administration.
Nvidia Stock Plunges Following Co-Founder Departure
The sudden departure of Nvidia’s co-founder caused the company’s stock to plunge, pulling down major indexes across Wall Street. Traders and analysts are assessing the vulnerability of a technology supply chain heavily dependent on a single dominant supplier of artificial intelligence hardware.
Who Is Alice Huang and What Role Did Marco Rubio Play
Who is Alice Huang?
Alice Huang is an entrepreneur identified by U.S. intelligence agencies as a suspect in espionage activities on behalf of China.
What role did Marco Rubio play in the disclosures?
Secretary of State Marco Rubio joined intelligence officials in briefing President Trump about security concerns surrounding the executive’s contacts before the scandal surfaced.
How much of the advanced chip market does Nvidia control?
Nvidia controls approximately 90 percent of the global market for advanced microchips used in artificial intelligence systems.
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