The Steady Drip: 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)

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.

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).

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.

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

https://thesteadydrip.blogspot.com/2014/12/msnbc-closes-2014-in-last-place.html