U.S. House committee leaders are moving to subpoena Nvidia CEO Jensen Huang over his admitted extramarital affair with Alice Huang, an executive at Singapore-based Megaspeed International who is suspected by intelligence officials of spying for China. The scandal sent Nvidia stock dropping up to 12% across two sessions and spurred bipartisan calls in Congress for stricter AI chip export controls within defense legislation.
Congressional response and subpoena threats
- ▪U.S. House Representatives Brian Mast, John Moolenaar, and Rick Crawford asked Nvidia CEO Jensen Huang to appear before a joint closed-door congressional briefing regarding security protocols
- ▪U.S. Senator Kevin Cramer called on November 10, 2026, for Nvidia CEO Jensen Huang to resign
- ▪House China Committee Chairman John Moolenaar and House Foreign Affairs Chairman Brian Mast stated on November 11, 2026, that Congress is prepared to subpoena Nvidia CEO Jensen Huang if he fails to agree to a briefing
Jensen Huang's affair and espionage suspicions
- ▪U.S. intelligence officials suspect Alice Huang, an executive at Singapore-based Megaspeed International, of acting as a spy for China's Ministry of State Security
- ▪Nvidia's board of directors initiated an internal investigation into potential foreign intelligence efforts and national security risks related to Jensen Huang's extramarital affair with Alice Huang
Investigations into Megaspeed International
- ▪Megaspeed International, Nvidia's largest Southeast Asian customer, has been under U.S. government investigation regarding potential unauthorized AI chip smuggling into China
- ▪Megaspeed International and Nvidia have publicly denied any wrongdoing regarding alleged chip diversion or smuggling activities
Nvidia stock market reaction
- ▪Nvidia shares rebounded by more than 4% on November 11, 2026, amid a broader stock market rally
- ▪Nvidia stock fell approximately 10% to 12% over two trading days following public disclosures regarding CEO Jensen Huang's extramarital affair
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