global edition · 2026-11-12
All BriefingsTech & Finance Daily Briefing — November 12, 2026
5 evidence-backed technology and finance stories shaping the day.
Story at a glance
Nvidia Board Opens Independent Investigation Into CEO Jensen Huang's Affair With Alleged Chinese Spy
What happened
Congress is preparing to subpoena Nvidia CEO Jensen Huang to answer questions about his affair with an alleged Chinese spy, according to Bloomberg reporting cited by TechCrunch. TechCrunch also published a timeline of the unfolding scandal, and The Washington Post profiled Alice Huang, the Chinese business executive and alleged spy at the center of the affair, which Huang publicly acknowledged on November 8.
Inspect 3 cited reports
The unfolding Jensen Huang scandal: a timeline
Original excerpt
publication date:2026-11-11 23:50:00  Nvidia co-founder CEO Jensen Huang has never been as flashy or controversy-prone as AI leaders like OpenAI’s Sam Altman or SpaceXAI’s Elon Musk. Now, the 63-year-old industry kingpin has admitted that he [cheated on his wife](https://nvidianews.nvidia.com/news/a-message-to-our-company) of 40 years in an affair th
Open original reportCongress to call Jensen Huang in to answer for alleged Chinese spy affair
Original excerpt
publication date:2026-11-11 19:22:27  Congress is gearing up to subpoena Nvidia CEO Jensen Huang to answer their questions about his affair with [an alleged Chinese spy](https://techcrunch.com/2026/11/10/nvidia-ceo-jensen-huangs-affair-with-alleged-chinese-spy-a-timeline/), [Bloomberg reports](https://www.bloomberg.com/news/articles/
Open original reportThe phantom life of Alice Huang, alleged Chinese spy who had affair with Nvidia CEO - The Washington Post
Original excerpt
publication date:2026-11-10 21:04:24  Democracy Dies in Darkness ByJoshua YangandCate CadellAlice Huang, the Chinese business executive andalleged Chinese spywhose affair with Nvidia CEO Jensen Huang has rocked the global technology industry and set off a swirl o
Open original report
Why it matters · interpretation
The move to compel Huang's testimony elevates the affair from a personal disclosure into a congressional inquiry touching Nvidia, the central supplier of AI chips, and its exposure to an alleged Chinese intelligence asset. Reporting that frames the relationship as a honey trap and ties Nvidia's position to the Trump administration signals the scrutiny is expanding beyond Huang himself to the company's political and national-security standing.
Inspect 3 cited reports
Nvidia’s in Bed With a Chinese Spy—and Trump’s in Bed With Nvidia
Original excerpt
publication date:2026-11-11  On November 8, Jensen Huang, founder and chief executive of the AI chip company Nvidia, [admitted publicly](https://nvidianews.nvidia.com/news/a-message-to-our-company) that he got caught in a Chinese honey trap. Huang had an extramarital affair with Alice Huang (no relation; she’s s
Open original reportCongress to call Jensen Huang in to answer for alleged Chinese spy affair
Original excerpt
publication date:2026-11-11 19:22:27  Congress is gearing up to subpoena Nvidia CEO Jensen Huang to answer their questions about his affair with [an alleged Chinese spy](https://techcrunch.com/2026/11/10/nvidia-ceo-jensen-huangs-affair-with-alleged-chinese-spy-a-timeline/), [Bloomberg reports](https://www.bloomberg.com/news/articles/
Open original reportThe phantom life of Alice Huang, alleged Chinese spy who had affair with Nvidia CEO - The Washington Post
Original excerpt
publication date:2026-11-10 21:04:24  Democracy Dies in Darkness ByJoshua YangandCate CadellAlice Huang, the Chinese business executive andalleged Chinese spywhose affair with Nvidia CEO Jensen Huang has rocked the global technology industry and set off a swirl o
Open original report
Story at a glance
Nvidia board reportedly prepares to oust CEO Jensen Huang after affair scandal
What happened
The Wall Street Journal reported that Nvidia's board is preparing to oust CEO Jensen Huang over two extramarital affairs, one involving a woman US authorities have identified as a Chinese intelligence officer, and that the board could meet as early as Wednesday to decide his fate. The report followed a New York Times report that Huang had a relationship with Kimberly Powell, an Nvidia vice president of health care. Nvidia shares fell about 7% to 8% in after-hours trading. Separately, a senior Republican on the Senate Banking Committee called on Huang to resign, and Nvidia's board has retained Wachtell, Lipton, Rosen & Katz, with former federal prosecutor Joon Kim leading a "thorough and independent" investigation.
Inspect 6 cited reports
Senate Banking Republican calls on Nvidia CEO to resign - Politico
Original excerpt
Senate Banking Republican calls on Nvidia CEO to resign Politico Who Is Alice Huang, the Woman in the Middle of Nvidia’s Spy Scandal? The New York Times Senior Republican on US Senate banking panel calls on Nvidia CEO Huang to resign Reuters Nvidia's Huang tries to project 'business as usual' in return to office after affair revelation CNBC Massachusetts State Police to pay Karen Read $100,000 settlement The Washington Post
Open original reportNvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang
Original excerpt
publication date:2026-11-11 23:28:53  Nvidia is reportedly planning to oust its co-founder and CEO Jensen Huang, who has led the company for the last 33 years, [the Wall Street Journal reports](https://www.wsj.com/business/nvidia-is-preparing-to-oust-nvidia-ceo-jensen-huang-30f421ad). Sources told the newspaper that the Nvidia
Open original reportNvidia stock slides after NYT report alleges Jensen Huang had a second affair — with an employee - CNBC
Original excerpt
Shares of Nvidia fell more than 7% in after-hours trading on Wednesday after The Wall Street Journal reported that the company's board is preparing to oust CEO Jensen Huang. The news landed minutes after The New York Times reported that Huang had an extramarital relationship with another executive at the company. The alleged relationship was with Kimberly Powell, vice president of health care at Nvidia, according to the report. Powell's bio on the Nvidia website says she's "responsible for the
Open original report【英伟达董事会拟罢免CEO黄仁勋-路透社】
Original excerpt
【英伟达董事会拟罢免CEO黄仁勋-路透社】 据《华尔街日报》周三援引知情人士消息，英伟达董事会正准备罢免CEO黄仁勋，因其发生两起婚外情，其中一起涉及一名疑似中国间谍。报道称，董事会最早将于周三召开会议决定其去留。此前，《纽约时报》报道黄仁勋与一名向其汇报工作的公司高管有婚外情。英伟达未立即回应置评请求。报道发布前几天，黄仁勋承认对妻子不忠，董事会正调查其是否成为外国情报机构的目标。英伟达股价盘后下跌约8%。 https://www.reuters.com/technology/nvidia-is-preparing-oust-ceo-jensen-huang-wsj-reports-2026-11-11
Open original reportJensen Huang accused of having another affair — with a Nvidia exec
Original excerpt
publication date:2026-11-11 23:17:10  Nvidia CEO Jensen Huang, is already under investigation after having admitted to having an affair with a woman [accused of being a Chinese spy](https://techcrunch.com/2026/11/10/nvidia-ceo-jensen-huangs-affair-with-alleged-chinese-spy-a-timeline/). Now, the New York Times is reporting
Open original report【英伟达聘请Wachtell律所调查CEO黄仁勋风波-路透社】
Original excerpt
【英伟达聘请Wachtell律所调查CEO黄仁勋风波-路透社】 英伟达成为最新一家在危机中求助华尔街律所Wachtell, Lipton, Rosen & Katz的公司，因有报道称其CEO黄仁勋与一名被指为中国间谍的女商人有婚外情。英伟达董事会周一表示，选择这家精英律所进行“彻底且独立的调查”。调查将由前联邦检察官Joon Kim领导，他上月从竞争对手律所加入Wachtell，曾在奥巴马政府时期担任曼哈顿前美国检察官Preet Bharara的副手。 《纽约时报》上月报道，黄仁勋与华人女性Alice Huang（新加坡公司Megaspeed前高管，与黄仁勋无亲属关系）有染。美国当局调查后认定她是中国情报人员。黄仁勋已承认婚外情，路透社无法独立核实情报指控，中国已否认。英伟达表示黄仁勋将配合调查，并承诺继续领导公司。此争议引发对公司治理及依赖这位领导公司三十余年、打造其成为AI芯片主导供应商的CEO的质疑。 Kim和Wachtell发言人未立即回应置评请求。英伟达未给出调查时间表或是否公开结果。此类调查可能持续数周或数月，可能导致治理变更、对高管采取行动、加强监督或其他纠正措施。
Open original report
Why it matters · interpretation
The reported board move converts a personal-conduct controversy into a leadership succession risk at the world's most valuable tech company, and the market reaction shows investors pricing that risk directly: shares had already lost about 9.5% over Monday and Tuesday before the after-hours slide. The overlap of the board's ouster deliberations with the Wachtell investigation it commissioned, and with a Senate Republican's public call for resignation, puts the company's governance under simultaneous internal and political pressure while the affair inquiry touches national-security questions about Chinese intelligence. Analysts cited in coverage have warned that removing Huang could destroy substantial company value, underscoring how much of Nvidia's standing is tied to a CEO who has led it for 33 years.
Inspect 7 cited reports
Senate Banking Republican calls on Nvidia CEO to resign - Politico
Original excerpt
Senate Banking Republican calls on Nvidia CEO to resign Politico Who Is Alice Huang, the Woman in the Middle of Nvidia’s Spy Scandal? The New York Times Senior Republican on US Senate banking panel calls on Nvidia CEO Huang to resign Reuters Nvidia's Huang tries to project 'business as usual' in return to office after affair revelation CNBC Massachusetts State Police to pay Karen Read $100,000 settlement The Washington Post
Open original reportNvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang
Original excerpt
publication date:2026-11-11 23:28:53  Nvidia is reportedly planning to oust its co-founder and CEO Jensen Huang, who has led the company for the last 33 years, [the Wall Street Journal reports](https://www.wsj.com/business/nvidia-is-preparing-to-oust-nvidia-ceo-jensen-huang-30f421ad). Sources told the newspaper that the Nvidia
Open original reportNvidia stock slides after NYT report alleges Jensen Huang had a second affair — with an employee - CNBC
Original excerpt
Shares of Nvidia fell more than 7% in after-hours trading on Wednesday after The Wall Street Journal reported that the company's board is preparing to oust CEO Jensen Huang. The news landed minutes after The New York Times reported that Huang had an extramarital relationship with another executive at the company. The alleged relationship was with Kimberly Powell, vice president of health care at Nvidia, according to the report. Powell's bio on the Nvidia website says she's "responsible for the
Open original report【英伟达董事会拟罢免CEO黄仁勋-路透社】
Original excerpt
【英伟达董事会拟罢免CEO黄仁勋-路透社】 据《华尔街日报》周三援引知情人士消息，英伟达董事会正准备罢免CEO黄仁勋，因其发生两起婚外情，其中一起涉及一名疑似中国间谍。报道称，董事会最早将于周三召开会议决定其去留。此前，《纽约时报》报道黄仁勋与一名向其汇报工作的公司高管有婚外情。英伟达未立即回应置评请求。报道发布前几天，黄仁勋承认对妻子不忠，董事会正调查其是否成为外国情报机构的目标。英伟达股价盘后下跌约8%。 https://www.reuters.com/technology/nvidia-is-preparing-oust-ceo-jensen-huang-wsj-reports-2026-11-11
Open original reportNvidia’s crisis has corporate governance experts reaching for the popcorn
Original excerpt
publication date:2026-11-11 07:32:00  Nvidia’s stock sank 5.47% on Tuesday, following a 4% drop on Monday, a loss of about 9.5% in two days, even though there wasn’t much news out of the company. CEO Jensen Huang has reportedly been trying to conduct [business as usual](https://www.cnbc.com/2026/11/10/nvidia-jensen
Open original reportJensen Huang’s Affair Puts His Wife in the Spotlight - The New York Times
Original excerpt
Jensen Huang’s Affair Puts His Wife in the Spotlight The New York Times Dan Ives warns removing Jensen Huang as Nvidia CEO could wipe $1.2 trillion from the company's value Yahoo Finance How Nvidia CEO Jensen Huang's extramarital affair could cause collateral damage in Washington AP News Spy scandal highlights contradictions at heart of Trump’s China policy The Washington Post Who is Alice Huang, alleged spy who reportedly had affair with Nvidia CEO? The Hill
Open original report【英伟达聘请Wachtell律所调查CEO黄仁勋风波-路透社】
Original excerpt
【英伟达聘请Wachtell律所调查CEO黄仁勋风波-路透社】 英伟达成为最新一家在危机中求助华尔街律所Wachtell, Lipton, Rosen & Katz的公司，因有报道称其CEO黄仁勋与一名被指为中国间谍的女商人有婚外情。英伟达董事会周一表示，选择这家精英律所进行“彻底且独立的调查”。调查将由前联邦检察官Joon Kim领导，他上月从竞争对手律所加入Wachtell，曾在奥巴马政府时期担任曼哈顿前美国检察官Preet Bharara的副手。 《纽约时报》上月报道，黄仁勋与华人女性Alice Huang（新加坡公司Megaspeed前高管，与黄仁勋无亲属关系）有染。美国当局调查后认定她是中国情报人员。黄仁勋已承认婚外情，路透社无法独立核实情报指控，中国已否认。英伟达表示黄仁勋将配合调查，并承诺继续领导公司。此争议引发对公司治理及依赖这位领导公司三十余年、打造其成为AI芯片主导供应商的CEO的质疑。 Kim和Wachtell发言人未立即回应置评请求。英伟达未给出调查时间表或是否公开结果。此类调查可能持续数周或数月，可能导致治理变更、对高管采取行动、加强监督或其他纠正措施。
Open original report
Story at a glance
Nvidia shares swing sharply as unconfirmed report claims plan to oust Jensen Huang
What happened
Nvidia shares reversed an earlier rally on November 11, with the stock closing up 2.9 percent for its largest single-day gain since September 2 before falling as much as 9 percent in after-hours trading after media reports said the company was preparing to remove Jensen Huang.
Inspect 3 cited reports
英伟达美股盘后跌幅扩大至4%。
Original excerpt
英伟达美股盘后跌幅扩大至4%。
Open original report英伟达收涨2.9%，创9月2日以来最大单日涨幅。
Original excerpt
英伟达收涨2.9%，创9月2日以来最大单日涨幅。
Open original report英伟达(NVDA.O)美股盘后跌幅扩大至9%，媒体报道称，英伟达正准备罢免黄仁勋。
Original excerpt
英伟达(NVDA.O)美股盘后跌幅扩大至9%，媒体报道称，英伟达正准备罢免黄仁勋。
Open original report
Why it matters · interpretation
The after-hours move erases the session's gains and extends a volatile stretch in which the stock had already fallen 9.5 percent over the prior two sessions, meaning a reported leadership change at the top of the company is being priced as a material event rather than a routine fluctuation.
Inspect 3 cited reports
英伟达收涨2.9%，创9月2日以来最大单日涨幅。
Original excerpt
英伟达收涨2.9%，创9月2日以来最大单日涨幅。
Open original report英伟达盘前涨幅扩大至5%，此前两个交易日累计下跌9.5%。
Original excerpt
英伟达盘前涨幅扩大至5%，此前两个交易日累计下跌9.5%。
Open original report英伟达(NVDA.O)美股盘后跌幅扩大至9%，媒体报道称，英伟达正准备罢免黄仁勋。
Original excerpt
英伟达(NVDA.O)美股盘后跌幅扩大至9%，媒体报道称，英伟达正准备罢免黄仁勋。
Open original report
Story at a glance
France Accuses Iran of Cyberattack Spoiling Food at Around 700 Retailers
What happened
France suspects Iran is behind hacks targeting refrigerators, according to a Hudson Institute media item republished from Fox Business.
Inspect 1 cited report
France Suspects Iran Is Behind Refrigerator Hacks
Original excerpt
publication date:2026-10-21 12:00:00  SVG In the Media Nov 10, 2026 Fox Business # France Suspects Iran Is Behind Refrigerator Hacks   SVG In the Media Nov 10, 2026 Fox Business # France Suspects Iran Is Behind Refrigerator Hacks  ![heinrichs](https://www.hudson.org/sites/defa
Open original report
Story at a glance
South Korea's KOSPI closes up 2.6% at 5,375.36 after swinging up 5% intraday
What happened
South Korea's KOSPI closed on Wednesday, November 11, up 136.23 points, or 2.6%, at 5,375.36, after intraday gains had already reached 2.00% during the session. The KOSDAQ index rose 5% the same day.
Inspect 4 cited reports
韩国KOSPI指数日内涨幅达2.00%。
Original excerpt
韩国KOSPI指数日内涨幅达2.00%。
Open original report<b>韩国KOSPI指数日内涨幅达2.00%。</b>
Original excerpt
<b>韩国KOSPI指数日内涨幅达2.00%。</b>
Open original report韩国KOSPI指数11月11日（周三）收盘上涨136.23点，涨幅2.6%，报5375.36点。
Original excerpt
韩国KOSPI指数11月11日（周三）收盘上涨136.23点，涨幅2.6%，报5375.36点。
Open original report韩国创业板指指数上涨5%。
Original excerpt
韩国创业板指指数上涨5%。
Open original report
Why it matters · interpretation
The 5% gain on the KOSDAQ outpaced the KOSPI's 2.6% close, indicating the rally was concentrated in smaller-cap growth names rather than led solely by large caps. The KOSPI's move from a 2.00% intraday gain to a 2.6% close shows buying pressure persisted through the session rather than fading.
Inspect 3 cited reports
<b>韩国KOSPI指数日内涨幅达2.00%。</b>
Original excerpt
<b>韩国KOSPI指数日内涨幅达2.00%。</b>
Open original report韩国KOSPI指数11月11日（周三）收盘上涨136.23点，涨幅2.6%，报5375.36点。
Original excerpt
韩国KOSPI指数11月11日（周三）收盘上涨136.23点，涨幅2.6%，报5375.36点。
Open original report韩国创业板指指数上涨5%。
Original excerpt
韩国创业板指指数上涨5%。
Open original report
Keep following
Turn a quick read into understanding
Select a passage to ask Page AI about it, or use “Explain key terms” and “Compare sources” in the Page AI panel.