Nvidia CEO Huang Resigns After Affair Sparks National Security Concerns (Connecting the Dots: Jensen Huang, Oregon State University (OSU), Stanford University, The Carnegie Foundation for the Advancement of Teaching (Carnegie Foundation), China, Elaine Chao & The Carnegie/Soros Network)
Newsmax.com
Thursday,
12 November 2026 01:47 PM EST
https://www.newsmax.com/world/globaltalk/nvidia-megaspeed-china/2026/11/12/id/1276061/
Nvidia CEO Jensen Huang resigned
Thursday, capping a spectacular downfall for a poster boy of the artificial
intelligence boom whose exit following reports of extramarital affairs now
thrusts the chipmaker into an uncertain future.
After a
dizzying series of headlines about Huang’s infidelity and ties to an alleged
Chinese spy, his departure sets off a scramble to find a permanent replacement
to lead the multitrillion-dollar colossus that grew from obscurity to a perch
between Apple and Microsoft at the top of the S&P index.
The
resignation sent shares of Nvidia plummeting 14% at the opening bell, before
stabilizing. The stock was down about 4% around midday Thursday as investors
pondered the lawsuits, investigations, likely corporate jockeying and the
resilience of a market driven by the gains of a few tech giants.
“Huang’s
departure introduces uncertainty well beyond the company itself,” said Asa
Hiken, senior analyst for research firm eMarketer, reflecting fears of wider
implications and the possibility of an AI bubble.
The
company named Colette Kress, the executive vice president and chief financial
officer, as interim chief executive. She became CFO in 2013, overseeing the
company’s global finance operations. Before that, she worked for three years at
Cisco and spent 13 years at Microsoft.
Nvidia
had no succession plan to prepare for the possibility of the departure of
Huang, who was synonymous with Nvidia for more than 30 years in much the same
way Steve Jobs embodied Apple. Nvidia said its board would consider internal
and external candidates to replace him.
In a
statement Thursday, Kress said that Nvidia’s “strength has always come from its
people” and that she was “committed to building on the extraordinary foundation
Jensen created over the last 33 years.”
The
board of directors said Thursday it had also named its first-ever chairman,
Harvey C. Jones, an entrepreneur and venture investor.
Huang
is one of the world’s wealthiest people, with a personal fortune that Forbes
estimates at more than $150 billion. He is the single largest individual
shareholder of Nvidia stock.
A
drumbeat of scandals around him had grown louder in recent weeks after The New
York Times reported Huang's relationship with a woman the paper said U.S.
officials had concluded was a Chinese spy who was recruited to influence
California-based Nvidia to make its most advanced chips more available in China.
The
discovery set off alarms as high as the White House.
President
Donald Trump said Monday that the FBI was investigating but remained
complimentary of Huang on Thursday, saying he “has done a fantastic job.” Like
many top tech CEOs, Huang is close to Trump.
Nvidia's
board announced an investigation into the allegations on Sunday, but said it
remained confident in Huang's leadership. Then pressure compounded late
Wednesday after reports surfaced of another alleged affair by Huang, this time
with an Nvidia employee who reported to him.
The
company has said it had “no reason to believe” that either national security or
its secrets were compromised, but that its inquiry would examine all available
information.
Nvidia
is due to report earnings Tuesday.
After
Huang’s exit, U.S. lawmakers were still insisting on questioning him about his
interactions with a Chinese businesswoman named Alice Huang and the company’s
security protocols against espionage.
Rep.
Brian Mast, chairman of the House Committee on Foreign Affairs, said the
committee was in contact with Huang’s team as recently as Wednesday night after
putting in an initial request for an interview on Nov. 5. Mast said Huang would
receive a subpoena to compel his appearance, if necessary.
Alice
Huang, the suspected spy at the center of the scandal, is a former executive at
Singapore-based Megaspeed International. Jensen Huang acknowledged an affair
but did not identify her.
The two
are not related.
Megaspeed
faced allegations last year that it was illicitly shipping advanced Nvidia
computer chips into China, but in December said there was “no evidence” of such
exports.
Singaporean
authorities said Thursday that they questioned Alice Huang and confiscated her
passport last year as part of an investigation into Megaspeed. They concluded
that there wasn’t enough evidence that she had committed a crime but suspected
she provided “inaccurate information” to downplay her role at Megaspeed and
barred her from returning to the country.
China
has denied that it attempted to ensnare Jensen Huang. Nvidia has become a
leader in making chips that power AI, and Huang has lobbied Washington to
loosen limits on sales of Nvidia chips to China. In January, he won Trump’s
approval to sell Nvidia’s H200 chips to China.
Megaspeed
said Thursday that it has cooperated with the U.S. Department of Commerce’s
Bureau of Industry and Security (BIS), which handles enforcement of national
security restrictions on technology exports, and was ready to “cooperate fully
with any other relevant U.S. government authority.”
The
company said it has hired a U.S. law firm to conduct a “comprehensive census”
of its computer chips and to verify its export controls.
“Megaspeed
welcomes appropriate government scrutiny and is committed to demonstrating
through concrete actions that it operates responsibly, transparently, and in
accordance with applicable U.S. laws,” it said.
Apart
from questions over national security, Megaspeed’s finances also have drawn
attention. Its total assets soared roughly 90-fold from late 2023 to 2024, to
almost $3 billion, according to Singapore corporate records.
Revenue
surged to over $294 million in 2024 from none in 2023.
Jensen
Huang
Taiwanese-born
American entrepreneur
Also
known as: Jen-Hsun Huang
Written
byAdam Volle
Fact-checked
byThe Editors of Encyclopaedia Britannica
Updated:
Nov. 12, 2026
Article
History
https://www.britannica.com/money/Jensen-Huang
Jensen Huang is a
Taiwanese-born American entrepreneur who cofounded the American semiconductor
company NVIDIA Corporation (NVDA). During Huang’s 33 years leading NVIDIA, the company became one
of the leading providers of graphics processing units (GPUs) and took center
stage in the artificial intelligence boom.
About two years later, Huang’s parents
arrived in the United States, discovered the situation, and pulled their
children out of Oneida. The reunited family settled in the suburbs of Portland,
Oregon, where Huang attended Aloha High School. While there, Huang played
competitive table tennis
and earned a national ranking. He graduated in 1981 and subsequently attended Oregon State University
(OSU). At OSU, Huang met Lori Mills, a fellow engineering
student, and the pair later married.
Huang graduated with a bachelor’s degree in electrical engineering
from OSU in 1984. He moved to Silicon Valley,
where he took a job with Advanced Micro Devices.
He remained there for about a year before accepting a job at the LSI Logic
Corporation, where he rose through the ranks and eventually became director of
a company division. While working, he returned to school and obtained a
master’s degree in electrical engineering from Stanford University.
Oregon State University
https://en.wikipedia.org/wiki/Oregon_State_University
Oregon State University (OSU) is
a public land-grant, research university in Corvallis, Oregon, United States.
Over 32,000 undergraduate and 5,000 graduate students are enrolled.[8] The
university offers programs in more than 200 undergraduate disciplines, and over
100 at graduate and doctoral levels through all 11 colleges. OSU is classified
by the Carnegie Foundation as an
R1 Doctoral University, designating it with, "very high research spending
and doctorate production".[9][10] As of 2025, OSU is home to the
fifth-largest engineering college in the nation.
Carnegie Foundation
https://en.wikipedia.org/wiki/Carnegie_Foundation_for_the_Advancement_of_Teaching
Carnegie Foundation for the Advancement of Teaching (Carnegie
Foundation)
Locations:
Princeton, New Jersey (original) and Stanford, California (current).
Key
people: Andrew Carnegie, Henry Pritchett, Abraham Flexner, Clark Kerr, Ernest L. Boyer.
The
Carnegie Foundation for the Advancement of Teaching (CFAT) is a U.S.-based
education policy and research center. It was founded by Andrew Carnegie in 1905
and chartered in 1906 by an act of the United States Congress. Among its most
notable accomplishments are the development of the Teachers
Insurance and Annuity Association (TIAA), the Flexner Report on medical education, the
Carnegie Unit, the Educational Testing Service, and the Carnegie Classification
of Institutions of Higher Education.
History
The
foundation was founded by Andrew Carnegie in 1905 and chartered in 1906 by an
act of the United States Congress under the leadership of its first president,
Henry Pritchett. The foundation credits Pritchett with broadening their mission
to include work in education policy and standards. John W. Gardner became
president in 1955 while also serving as president of the Carnegie
Corporation of New York.
He was followed by Alan Pifer whose most notable accomplishment was the 1967
establishment of a task force with Clark Kerr at its helm.
The
foundation started the Graduate Record Examinations (GRE), initially as an
experiment in 1936.[2] It was acquired by the Educational Testing Service in
1948.[2]
In
1979, the Carnegie Foundation for the Advancement of Teaching separated from
the Carnegie Corporation and came into its own with Ernest L. Boyer as
president. Under his leadership, the foundation moved to Princeton, New Jersey, where it remained
until 1997 when then-president Lee Shulman relocated it to Stanford, California.
Connecting
the Dots:
Jensen Huang
is the CEO of Nvidia, attended Oregon
State University (OSU) and obtained a master’s degree in electrical
engineering from Stanford University.
Craig M. Robinson
was the men's basketball team coach at Oregon State University (OSU), the
basketball coach for the children’s team for Penny S. Pritzker’s son, a
star forward as a player at Princeton University and is Michelle
Obama’s brother.
Penny S. Pritzker’s
son played on a children’s basketball team at the YMCA & Craig M.
Robinson’s was his coach, the secretary at the U.S. Department of
Commerce for the Barack Obama administration, was the
national finance chair, fundraiser for the 2008 Barack Obama presidential
campaign, a co-chair for the 2009 Barack Obama inaugural committee,
a fundraiser, national co-chair for the 2012 Barack Obama presidential
campaign, a contributor for the 2013 Barack Obama inaugural committee,
the host for the Barack Obama fund-raising dinner, 7/2/2008 and is a
member of the Commercial Club of Chicago.
Valerie B. Jarrett
is a member of the Commercial Club of Chicago and was the senior adviser
for the Barack Obama administration.
R. Eden Martin is the
president of the Commercial Club of Chicago and was counsel at Sidley
Austin LLP.
Barack Obama was an
intern at Sidley Austin LLP, the president of the Barack Obama
administration and is married to Michelle Obama.
Michelle Obama
was a lawyer at Sidley Austin LLP and is Craig M. Robinson’s
sister.
Cyrus F.
Freidheim Jr. is an honorary trustee at the Brookings Institution (think
tank) and a member of the Commercial Club of Chicago.
Newton N. Minow
was a member of the Commercial Club of Chicago, a senior counsel at Sidley
Austin LLP and an honorary trustee at the Carnegie Corporation of New
York.
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) and a supporter for the American
Society for Muslim Advancement.
Andrew Carnegie
was the founder of the Carnegie Corporation of New York and the
founder of the Carnegie Foundation for the
Advancement of Teaching (Carnegie
Foundation).
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was
the chairman for the Foundation to Promote Open Society.
Cameron F. Kerry
is a fellow at the Brookings Institution (think tank), John F.
Kerry’s brother and a senior counsel at Sidley Austin LLP.
Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank) and the Carnegie Foundation for the Advancement of Teaching (Carnegie Foundation).
Henry S. Pritchett was the president of the
Carnegie Foundation for the Advancement of Teaching
(CFAT), gave instruction for the Flexner Report, served as a
trustee for Carnegie Institute for Science, his principal accomplishment
while with the CFAT was the institution of a fully funded pension
program (the Teachers Insurance and Annuity Association, TIAA) in 1918
and had a long involvement with the Carnegie Endowment for International
Peace (think tank).
Oregon State University (OSU) is classified by the Carnegie Foundation for the Advancement of Teaching (Carnegie
Foundation) as an R1 Doctoral University, designating it with,
"very high research spending and doctorate production". As of 2025,
OSU is home to the fifth-largest engineering college in the nation.
Abraham Flexner
wrote the Flexner
Report to the Carnegie Foundation for the
Advancement of Teaching (Carnegie Foundation) on the Medical
Education in the United States and Canada.
Andrew Carnegie
was the founder of the Carnegie Foundation
for the Advancement of Teaching (Carnegie
Foundation) and the founder of the Carnegie Corporation of New
York.
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) and a supporter for the American
Society for Muslim Advancement.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was
the chairman for the Foundation to Promote Open Society.
Ben S. Bernanke is a distinguished fellow at the Brookings Institution (think tank) and was and a professor at Princeton University.
Victoria P. Sant is an honorary trustee at the Brookings Institution (think tank) and was a trustee at Stanford University.
Robert M. Bass was
a trustee at the Brookings Institution (think tank) and a trustee
at Stanford University.
Pete Higgins is
a trustee at the Brookings Institution (think tank) and was a
trustee at Stanford University.
Steven A. Denning is
an honorary trustee at the Brookings Institution (think tank) and a
trustee at Stanford University.
Mark B. McClellan was
a senior fellow at the Brookings Institution (think tank) and an
associate professor at Stanford University.
Bill & Melinda Gates Foundation was a funder for the Brookings Institution (think tank) and the Carnegie Foundation for the Advancement of Teaching (Carnegie Foundation).
Jensen Huang obtained a master’s degree
in electrical engineering from Stanford University, attended Oregon State
University (OSU) and is the CEO of Nvidia.
Oregon State University (OSU) is classified by the Carnegie Foundation for the Advancement of Teaching (Carnegie
Foundation) as an R1 Doctoral
University, designating it with, "very high research spending and
doctorate production". As of 2025, OSU is home to the fifth-largest
engineering college in the nation.
Andrew Carnegie
was the founder of the Carnegie Foundation
for the Advancement of Teaching (Carnegie
Foundation) and the founder of the Carnegie Corporation of New
York.
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) and a supporter for the American
Society for Muslim Advancement.
Foundation to Promote Open Society was a funder for the Brookings
Institution (think tank).
George Soros was
the chairman for the Foundation to Promote Open Society.
Cameron F. Kerry
is a fellow at the Brookings Institution (think tank), John F.
Kerry’s brother and a senior counsel at Sidley Austin LLP.
Michelle Obama
was a lawyer at Sidley Austin LLP and is Craig M. Robinson’s
sister.
Craig M. Robinson
is Michelle Obama’s brother, was the basketball coach for the children’s
team for Penny S. Pritzker’s son, a star forward as a player at Princeton
University and the men's basketball team coach at Oregon State
University (OSU).
Oregon State University (OSU) is classified by the Carnegie Foundation for the Advancement of Teaching (Carnegie
Foundation) as an R1 Doctoral University, designating it with,
"very high research spending and doctorate production". As of 2025,
OSU is home to the fifth-largest engineering college in the nation.
Andrew Carnegie
was the founder of the Carnegie Foundation
for the Advancement of Teaching (Carnegie
Foundation) and the founder of the Carnegie Corporation of New
York.
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) and a supporter for the American
Society for Muslim Advancement.
Cyrus F.
Freidheim Jr. is an honorary trustee at the Brookings Institution (think
tank) and a member of the Commercial Club of Chicago.
Newton N. Minow
was a member of the Commercial Club of Chicago, a senior counsel at Sidley
Austin LLP and an honorary trustee at the Carnegie Corporation of New
York.
Carnegie
Corporation of New York was a funder for the Brookings Institution
(think tank) the Carnegie Endowment for International Peace (think tank)
and a supporter for the American Society for
Muslim Advancement.
Andrew Carnegie
was the founder of the Carnegie Corporation of New York, the founder
of the Carnegie Foundation for the Advancement
of Teaching (Carnegie Foundation)
and the Carnegie Endowment for International Peace (think tank).
Foundation to Promote Open Society was a funder for the Brookings Institution (think
tank) and the Carnegie Endowment for International Peace (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society and is the founder & chairman for the Open Society
Foundations.
Open Society Foundations was a funder for the Carnegie
Endowment for International Peace (think tank).
J. Stapleton Roy
is a trustee at the Carnegie Endowment for International Peace (think tank)
and was a U.S. ambassador for China.
Jon M. Huntsman
Jr. is a trustee at the Carnegie Endowment for International Peace
(think tank) and an ambassador to China for the Barack Obama
administration.
German
Marshall Fund of the United States (think tank) was a funder for the
Carnegie Endowment for International Peace (think tank).
Michael B.G.
Froman was a fellow at the German Marshall Fund of the United States
(think tank) and an assistant to the president for the Barack Obama
administration.
Margaret Carlson
is a trustee at the German Marshall Fund of the United States (think tank)
and a columnist for the Bloomberg News.
Amity Shlaes was a
trustee at the German Marshall Fund of the United States (think tank)
and a columnist for the Bloomberg News.
Bloomberg News
is a division of Bloomberg LP.
Michael R. Bloomberg
is the founder of Bloomberg
LP and the founder of the Bloomberg Family Foundation.
Elaine L. Chao is a
director at the Bloomberg Family Foundation, married to (Mitch) Addison
M. McConnell, a fellow at the Hudson Institute (think tank) and
a board member for the American Action Forum.
Foundation to Promote Open Society was a funder for the Hudson
Institute (think tank) and the Aspen Institute (think tank).
George Soros was
the chairman for the Foundation to Promote Open Society.
Carnegie
Corporation of New York was a funder for the Aspen Institute (think
tank) and a supporter for the American Society for Muslim Advancement.
Andrew Carnegie
was the founder of the Carnegie Corporation of New York.
Bloomberg
Family Foundation was a funder for the Aspen Institute (think tank).
Henry
A. Kissinger was a lifetime trustee at the Aspen Institute (think tank),
a trustee at the Center for Strategic and International Studies (think tank)
and a friend of Michael R. Bloomberg.
Center
for Strategic and International Studies (think tank) was a funder
for China.
Maurice R.
Greenberg is a trustee at the Center for Strategic and International
Studies (think tank), a director at the National Committee on United
States-China Relations, an honorary chairman for the United States-China
Policy Foundation, a director at the U.S.-China Business Council,
was the chairman & CEO for the American International Group, Inc.
(AIG) and a benefactor for the Harlem Children's Zone.
George Soros was a benefactor at the Harlem Children's Zone
and the chairman for the Foundation to Promote Open Society.
Foundation to Promote Open Society was a funder for the Harlem
Children's Zone and the Hudson Institute (think tank).
Michael R.
Bloomberg was a benefactor for the Harlem Children's Zone, a friend
of Henry A. Kissinger, is the founder of the Bloomberg Family
Foundation and the founder of Bloomberg LP.
Elaine L. Chao is a
director at the Bloomberg Family Foundation, a fellow at the Hudson
Institute (think tank) and married to (Mitch) Addison M. McConnell.
Trump
shocker! Who is Elaine Chao? (Past Research on Elaine
Chao)
Wednesday,
November 30, 2016
https://thesteadydrip.blogspot.com/2016/11/trump-shocker-who-is-elaine-chao.html
“A wag
would be forgiven for saying the TransPacific Partnership describes the
majority leader’s marriage to Elaine Chao,” wrote anti-TPP activist Curtis
Ellis, a WND columnist. “The former Chinese Communist Party boss Jiang Zemin is a close family
friend of Elaine Chao’s, and Chinese Premier Wen Jiabao has praised her father
for building up China’s
industry. (Shipping to and from China is the Chao family business.) Lest we
forget, Jiang Zemin is the hardliner who took power following the Tienanmen
Square massacre and is notorious for repressing religious minorities and
Tibetans. Jiang’s been indicted for genocide and is fighting to hold on to his
corrupt fiefdom in Shanghai. Some friend.”
Bloomberg News is a division of Bloomberg LP.
Margaret Carlson is a columnist for the Bloomberg News, and a
trustee at the German Marshall Fund of the United States (think tank).
Amity Shlaes was a
columnist for the Bloomberg News, and a trustee at the German
Marshall Fund of the United States (think tank).
German
Marshall Fund of the United States (think tank) was a funder for the
Carnegie Endowment for International Peace (think tank).
Carnegie
Corporation of New York was a funder for the Carnegie Endowment for
International Peace (think tank) and a supporter for the American
Society for Muslim Advancement.
Andrew Carnegie
was the founder of the Carnegie Corporation of New York, the founder
of the Carnegie Foundation for the Advancement
of Teaching (Carnegie Foundation)
and the Carnegie Endowment for International Peace (think tank).
Foundation to Promote Open Society was a funder for the Carnegie Endowment for
International Peace (think tank).
George Soros was the chairman for the Foundation to Promote
Open Society and is the founder & chairman for the Open Society
Foundations.
Open Society Foundations was a funder for the Carnegie
Endowment for International Peace (think tank).
J. Stapleton Roy
is a trustee at the Carnegie Endowment for International Peace (think tank)
and was a U.S. ambassador for China.
Jon M. Huntsman
Jr. is a trustee at the Carnegie Endowment for International Peace
(think tank) and an ambassador to China for the Barack Obama
administration.
Resources:
Past Research
ThinkProgress
FAIL: Group Attacks the Right for Oregon ‘Gun-Free Zone’ Claim (Past Research on Craig M. Robinson & the Oregon State
University)
Friday,
October 2, 2015
https://thesteadydrip.blogspot.com/2015/10/thinkprogress-fail-group-attacks-right.html
Harry
Reid Plots Federal Land Grab Near Bundy Ranch (Past
Research on Craig M. Robinson & the Oregon State University)
Thursday,
April 7, 2016
https://thesteadydrip.blogspot.com/2016/04/harry-reid-plots-federal-land-grab-near.html
Armed
occupation protests federal 'tyranny' (Past
Research on Craig M. Robinson & the Oregon State University)
Sunday,
January 3, 2016
https://thesteadydrip.blogspot.com/2016/01/armed-occupation-protests-federal.html
Kotek
Announces Christmas in Oregon Will Now Be Known as “Inclusive Winter
Observance” (Connecting the Dots: Oregon, Governor Tina Kotek, Oregon Secretary
of State Tobias Read, Edward Tevis Wheeler who served as the 53rd mayor of
Portland, Oregon, Universities The Gay, Lesbian and Straight Education Network
& Soros Funding, All Networking) (Past Research
on Stanford University)
Sunday,
February 1, 2026
https://thesteadydrip.blogspot.com/2026/02/kotek-announces-christmas-in-oregon.html
'Ballad
for Trayvon Martin' Debuts at Princeton (Past
Research on Princeton University)
Saturday,
December 7, 2013
https://thesteadydrip.blogspot.com/2013/12/ballad-for-trayvon-martin-debuts-at.html
Trump
Ends $4M in Funding to Princeton's Climate Programs (Connecting the Dots: The
Commerce Department, NOAA, Princeton University, The Climate Reality Project
& Soros Funding, All Networking) (Past Research
on Princeton University)
Saturday,
April 26, 2025
https://thesteadydrip.blogspot.com/2025/04/trump-ends-4m-in-funding-to-princetons.html
The
Flexner Report: How Rockefeller Hijacked Medicine To Create A System You Can't
Escape (Connecting the Dots: Andrew Carnegie, The Bill & Melinda Gates
Foundation, The Carnegie Foundation for the Advancement of Teaching, The
Rockefeller Foundation & The Carnegie/Soros Network. Updated on 08/20/26) (Past Research on Carnegie Foundation for the Advancement
of Teaching)
Thursday,
August 20, 2026
https://thesteadydrip.blogspot.com/2026/08/the-flexner-report-how-rockefeller.html
Chinese
Crash Crushes Stock Market as Obama Imitates Chinese Economy (Past Research on China)
Monday,
August 24, 2015
https://thesteadydrip.blogspot.com/2015/08/chinese-crash-crushes-stock-market-as.html
Trump
shocker! Who is Elaine Chao? (Past Research on Elaine
Chao)
Wednesday,
November 30, 2016
https://thesteadydrip.blogspot.com/2016/11/trump-shocker-who-is-elaine-chao.html
MSNBC
Closes 2014 In Last Place, Hemorrhaging Viewers (Past
Research on Bloomberg News)
Wednesday,
December 31, 2014
