Business & Finance · November 11, 2026
Nvidia stocks fall for second straight day after CEO
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Nvidia CEO Jensen Huang has admitted to an affair with Alice Huang, a woman identified by U.S. intelligence as a suspected Chinese spy. Following this disclosure and news that President Trump revealed an FBI investigation into the matter, Nvidia's stock price has experienced a significant decline over two trading days. The connection between Huang and the suspected agent reportedly dates back to at least 2023. This scandal has triggered a broader crisis for the chipmaker, including reports of a pending shareholder lawsuit and the board's appointment of an investigator.
Read the original coverage
How a Suspected Chinese Spy Gained Access to Nvidia Chips
Read at The New York Times ↗- CBS NewsMainstream
Nvidia stocks fall for second straight day after CEO
Read at CBS News ↗ - FortuneFinancial
Trump was warned about Jensen Huang’s relationship with a suspected Chinese spy but allowed the Nvidia CEO aboard Air Force One anyway
Read at Fortune ↗
Reported by multiple outlets
- Jensen Huang admitted to an affair with a suspected Chinese spy named Alice Huang.
- U.S. intelligence identified Alice Huang as a suspected Chinese spy.
- Nvidia's stock price fell for two consecutive days following the news.
- President Trump stated that the FBI is looking into the situation.
Reported by only some outlets
- The relationship dates back to at least 2023.
- Nvidia's board has named a pick for an investigator.
- Nvidia and Huang are facing a shareholder lawsuit.
- Nvidia's value dropped by $430 billion or $450 billion over two days.
- The total stock rout from its peak a month ago reached $1.7 trillion.
Industry-friendly coverage frames it as…
emphasize the massive loss in market capitalization and the threat to Nvidia's position as a leader in the AI sector
Skeptical / consumer coverage frames it as…
highlight the national security risks posed by the CEO's personal conduct and the resulting shareholder litigation
Numbers that differ
- Market value lost in two days: Daily Mail (Summary) reports $450bn; Daily Mail (Body) reports $430bn.
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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.