Nvidia Loses $200B in Value Amid Alleged Chinese Spy Scandal

As of November 10, 2026, Nvidia's board has launched an independent investigation into claims that CEO Jensen Huang was targeted by Chinese foreign intelligence. The probe follows reports suggesting that a woman with whom Huang had a romantic relationship might have been working for Chinese intelligence. Shares in Nvidia fell by 8% when the news first broke on October 25, 2026. U.S. Congress committees have requested that Huang testify at a closed-door briefing to discuss Nvidia’s security protocols against foreign espionage. The investigation aims to determine whether any sensitive information or technology was compromised during the alleged affair.