New turn for Nvidia chief Huang as a board meeting is possible
Nvidia shares fell more than 8% after hours, after the Wall Street Journal gave a report that the board will possibly have a meeting.
Claimed, not confirmed
In November 2026, the chief of Nvidia told of an affair with Alice Huang. A report tells that China recruited Alice Huang as a spy.
Earlier: Nvidia chief admits spy affair, and AI chip supply is at risk
Elon Musk told a blog on X: That would be an honor. The blog told Musk to give the chief of Nvidia work. A report from a newspaper in the US tells that the board of the company will possibly have a meeting on Wednesday or after that day. Shares of the company fell more than 8% after hours.
What is new
The chief of Nvidia told of an affair with a business executive. The New York Times tells that the spy agency of China recruited the executive to collect information on the chief. The report is from persons who know the US intelligence.
The numbers
Nvidia shares fell more than 8% after hours. 3 lawmakers in the US tell the chief to resign. Democrat and Republican lawmakers are in the group. Senator Kevin Cramer is one of them.
What is not known
The source gives no decision of the board and no information from Nvidia. The report on the spy is from persons that it does not name. The chief tried to show business as usual.
Insight: The board fight can decide Nvidia chip sales to China
The New York Times tells that the spy agency of China wanted Nvidia to make its top chips available to China. Companies connected to the executive made $7 billion or more of chip sales to China possible. This reads as a test of who sets the chip sales of Nvidia to China, and a new chief can change them. For leaders that use these chips, a new chief can change the supply.
Sources
Posted
