Commerce Secretary Howard Lutnick has agreed to testify before the Senate Banking Committee regarding the Commerce Department's oversight of Nvidia's AI chip exports to China. This follows scrutiny over whether Nvidia's chip sales could have compromised U.S. national security, especially after former Nvidia CEO Jensen Huang's resignation amid scandal. Lawmakers are investigating if export controls were properly enforced and if loopholes allowed sensitive technology to reach China. The hearings are scheduled for early December, reflecting growing bipartisan concern over technology exports and national security risks.
Nvidia's stock price on Pluang is currently USD 170.70, up 2.71% for the day as of Nov 13, 2026 18:02 WIB, trading near its 52-week low of USD 165.17 but well below its 52-week high of USD 239.27. Despite the ongoing scrutiny and upcoming testimony regarding chip exports to China, investor interest remains strong with 84% of Pluang orders being buys and a typical hold time of 117 days. This suggests that while concerns exist, many investors continue to hold or accumulate Nvidia shares at these levels.
Leo KoGuan, a billionaire and major Nvidia shareholder, has stated he will not increase his investment in Nvidia unless Jensen Huang remains CEO. Huang recently resigned amid a scandal involving multiple affairs, ending his 33-year leadership at the ...
The Vanguard Morningstar Mega Cap Growth ETF (MGK) is recommended as a strong buy due to its focused exposure to hyperscalers and semiconductor companies that benefit from AI capital expenditure cycles and earnings growth. The ETF's expense ratio has...
Nvidia's CEO Jensen Huang has resigned following allegations of involvement with a potential Chinese spy, though no wrongdoing has been confirmed. This leadership change creates uncertainty about Nvidia's future valuation, which has adjusted downward...
Jensen Huang has stepped down as CEO of Nvidia, a surprising development given his influential role in the AI boom. This change raises questions about Nvidia's future direction and leadership in the competitive AI chip market. Industry watchers and i...
The AI sector is experiencing a bubble burst marked by falling semiconductor stocks, increased leverage, and tighter monetary policies pressuring unprofitable tech companies. The author has exited major U.S. AI-related stocks and shifted investments ...
