The US Commerce Department is under intense scrutiny for not enforcing export controls on Megaspeed, a Chinese AI firm involved in smuggling Nvidia's advanced AI chips to China. This scandal led to Nvidia CEO Jensen Huang's resignation after revelations of his affair with an alleged Chinese spy at Megaspeed. A key export control rule that could have limited chip sales to Southeast Asia was reportedly blocked by Commerce Secretary Howard Lutnick. The White House is considering Lutnick's future amid bipartisan calls for investigations and stricter AI export controls to prevent technology leaks to China.
Nvidia's stock price is down 5.19% at USD 164.71 as of Nov 13, 2026 02:02 WIB on Pluang, reflecting market reactions to the recent scandal involving export controls. The company's market cap stands at $4.20 trillion, indicating its significant size despite the controversy. Pluang data shows a strong buy interest with 84% of orders favoring Nvidia, while the typical hold time is 117 days.
Nvidia CEO Jensen Huang resigned after admitting to an affair with an alleged Chinese spy, sparking concerns about U.S. national security and the future of Nvidia's support for open source AI. Huang was a key advocate for open AI models and opposed s...
Nvidia's CEO Jensen Huang abruptly resigned during an ongoing investigation, with CFO Colette Kress appointed as interim CEO. Despite this leadership shakeup, Nvidia's near-term demand and earnings outlook remain strong due to pre-scheduled chip orde...
Broadcom Inc. is expected to see increased earnings driven by rising adoption of AI-related technologies and networking demands. This growth is further supported by challenges faced by rival Nvidia, including CEO Jensen Huang's resignation and nation...
Hugging Face CEO Clément Delangue expressed sadness over Nvidia CEO Jensen Huang's departure, emphasizing continued commitment to open-source AI despite uncertainties. Nvidia's $12.9 billion acquisition of Hugging Face, a major open-source AI platfor...
Nvidia CEO Jensen Huang was ousted after admitting to an affair with a woman suspected by the U.S. government of being a Chinese spy and linked to a company smuggling Nvidia chips to China. This scandal raises serious national security concerns and d...
