Nvidia · Full chronicle and history

On November 11, The Wall Street Journal reported that Nvidia's board of directors is preparing to remove company founder and CEO Jensen Huang, as he has been exposed for involvement in two extramarital affairs, with one of the individuals suspected of being a Chinese spy.

Nvidia founder Jensen Huang sent a letter to all employees on November 8, admitting to infidelity to his wife and issuing a public apology. On the same day, the Nvidia board of directors announced the formation of an independent investigation committee.

Nvidia CEO Jensen Huang sent a letter apologizing to his family regarding media reports that a female executive close to him, Huang Le, was working for the Chinese state security. The move is viewed by outsiders as an attempt to evade suspicions of collusion with the CCP by admitting to an affair.

A Reuters exclusive report states that about 600,000 NVIDIA H200 AI chips are stored in Hong Kong waiting to be shipped into mainland China, with prices surging due to Beijing's delayed approval for large-scale imports.

According to a Financial Times report on November 3, citing people familiar with the matter, Nvidia has requested that global data center and cloud service partners allocate at least 51% of their services to non-Chinese customers to reduce reliance on the Chinese market.

U.S. intelligence agencies have identified a Singaporean executive named Huang Xiaole as a female spy for the Chinese Communist Party (CCP). Under pressure, Jensen Huang issued an open letter to Nvidia employees admitting to the affair, and the board of directors has begun an investigation into whether she is suspected of helping the CCP.

Affected by events related to Jensen Huang and potential investigations, Nvidia's stock price has fallen continuously from a high near $240 to $168.

NVIDIA CEO Jensen Huang urged people to maintain responsible optimism about the development of artificial intelligence at a conference in Berlin on Thursday, and criticized claims that it will end human civilization.

Kazakhstan has critical minerals and cheap electricity, and this year signed a data center deal with Nvidia worth up to $10 billion; in 2025, China's direct investment in Kazakhstan also hit a new high of $2.8 billion.

NVIDIA has signed memorandums of understanding with six major institutions—Apollo, Blackstone, BlackRock, Brookfield, Goldman Sachs, and KKR—to build a financing platform, leverage 500 billion in third-party capital for AI infrastructure, and make GPUs a collateralizable asset.

The doorstep collection video it released in August drew accusations of lowballing because it quoted 13500 yuan for an RTX5090 and 6000 yuan for an RTX5080. She explained that the video was filmed in July and published in August, and that graphics card prices rose during that period, causing a gap between her quotes and market prices; after that, pornographic comics and other cyberbullying content began appearing in the comments section from August 18.

Taiwan's Keelung District Prosecutors Office announced the detention of Nvidia senior business development manager Zhang Denglong, accusing him of allegedly smuggling controlled AI chips to mainland China.

Taiwanese prosecutors secretly searched and summoned Zhang Denglong, NVIDIA Taiwan's senior business development manager, and the court subsequently ruled to remand him in custody.

On June 8, 2026, the Pentagon updated its 1260H list of Chinese military companies; a U.S. lawmaker said that at least 4 of the companies had previously obtained Nvidia H200 export licenses to China from the Commerce Department's Bureau of Industry and Security, a claim not corroborated by public reports.

Data released by Nvidia in May 2026 shows that Taiwan has over 500 Nvidia ecosystem partners, involving integrated system production such as TSMC and servers.

The claim that DeepSeek trained a top-tier model for $5.6 million, along with its technical report, has upended Nvidia's $589.1 billion market capitalization.

In January 2026, the U.S. Department of Commerce revised its rules, changing exports of Nvidia H200 chips to China to case-by-case review; the Chinese side subsequently still has not approved the purchase.

Nvidia CEO Jensen Huang has admitted to infidelity to his employees and issued an apology, while also facing allegations of intelligence-related misconduct involving China and an independent board investigation.

Singapore has charged three men, accusing them of deceiving Dell and Supermicro regarding the final destination of servers containing Nvidia chips.

Before the ban took effect, shares of Magic Speed, a company under Huang Le, were transferred to a shell company newly registered by a Singaporean businessman, which subsequently obtained official NVIDIA cloud partner status four days later.