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Thursday, November 12, 2026
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Nvidia Board Orders Internal Audit of CEO Jensen Huang

Shares dropped 5% as lawmakers demand a briefing on national security risks following reports of Huang's ties to a Chinese businesswoman.

By Ivan Dvorak ·

Illustration for: Nvidia Board Orders Internal Audit of CEO Jensen Huang
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Nvidia has launched an independent review of its chief executive, Jensen Huang, after news emerged linking him to an alleged foreign intelligence operation.

The investigation focuses on Huang's relationship with a Chinese businesswoman who is accused of passing information to Beijing. In response to the reports, Nvidia stock declined by 5% during pre-market trading on Monday, November 9.

The company's board of directors stated that it has no evidence suggesting Nvidia's confidential data or United States national security has been compromised. Despite this assurance, the board announced it will examine all available information as part of the review.

Lawmakers from the Republican party have asked Huang to brief the House foreign affairs and intelligence committees. They want the CEO to speak behind closed doors next week about the measures Nvidia has taken to protect itself from foreign espionage.

This corporate probe unfolds against a complex backdrop of political and global events. In the United States, Democrats gained control of both chambers of Congress after Tuesday's midterm elections, a result attributed to voter rejection of broad tariffs and the war with Iran. President Donald Trump acknowledged on Sunday that his administration's deportation policy had been too tough and offered to discuss an agreement with Democrats that would allow some undocumented immigrants to remain in the country.

Meanwhile, preparations continue for the Cop31 climate negotiations in Antalya, Turkey. More than 90 national leaders and representatives from nearly 190 countries are expected to attend the two-week conference this week. The meeting focuses on implementing emissions reduction commitments and supporting those affected by the climate crisis. Australia is co-hosting the event with Turkey, and climate minister Chris Bowen said the group needs a tangible outcome that people can see is real.

International tensions also persist in other regions. In Israel, former military chief Gadi Eisenkot received a 28-day mandate from President Isaac Herzog to form a government, although his bloc does not hold a majority. In Poland, prosecutors opened a terrorism investigation after the suspect in the Kraków market square shooting died in a hospital. Six people were killed and 16 injured in the attack.

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