Nvidia’s board has opened an independent investigation into reports that founder and chief executive Jensen Huang was the target of a foreign intelligence effort, the company announced on Sunday, 8 November 2026.
A committee of independent directors, assisted by outside independent counsel, will run the inquiry. No completion date has been given.
On the same day, Huang sent a staff email, published by Nvidia, in which he apologised for his personal conduct. “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did,” he wrote. He said he supports the investigation and will cooperate fully.
The espionage claims at the centre of the reports remain reported and disputed, not established. The New York Times reported, on 29 October and again on 8 November, that Huang had a relationship with Alice Huang, a Megaspeed executive whom US officials believe is a Chinese spy feeding information to Beijing. Megaspeed buys Nvidia chips in bulk. No one has been charged in connection with the claims.
The Chinese Embassy has dismissed the allegations as “groundless smears and slanders”, and an Nvidia spokesperson previously said the allegations were “thoroughly investigated and debunked last year”. NBC has noted that it has not independently confirmed the Times reports.
Nvidia’s board said it has “no reason to believe that either national security or NVIDIA secrets were compromised”, reaffirmed its confidence in Huang, and said he will keep running the company.
Three House committee chairs have asked Huang to appear at a closed-door briefing on 18 November, and Nvidia reports earnings on 17 November. Nvidia shares fell nearly 4% in overnight trading on Monday, 9 November. Yale’s Jeffrey Sonnenfeld put Huang’s chances of surviving in the job at “about a 50-50”.
It has been a huge week for tech, from OpenAI raising $11 billion at a $1.25 trillion valuation to Tesla winding down Cybertruck production to make room for the Cybercab. The Nvidia inquiry is now the story to watch.
Bhudev Bhagaliya is an experienced and senior journalist who has carved a distinct niche for himself in the world of Hindi journalism through his profound understanding and precise writing style. With over two decades of experience in the field of journalism, he has held key responsibilities at Dainik Hindustan for 12 years and at Amar Ujala for one year. Currently, he serves as the Content Editor for the Jagrook Youth News newspaper and portal, where he plays a crucial role in ensuring the quality and credibility of the news content. Bhudev Bhagaliya consistently writes about issues that help raise awareness within society and among the younger generation.