Abu Dhabi talks yield prisoner swap but no progress on territoryIran rejects uranium handover and threatens US bases in EuropeCongo's Ebola outbreak passes 11,000 cases as violence hampers responseMore tankers hit mines in Hormuz as Iran keeps strait shutRussia reports record drone attack on Leningrad region as strikes hit Ukraine's gridNvidia board hires law firm to probe CEO as Congress weighs subpoenaEuro hits 18-month low and yields jump as Fed weighs faster hikesSaudi air defences intercept more Houthi missiles as Yemen fighting widensGaza flood victims wait for tents as Israeli strikes continueSpain's first general strike in 14 years halts ports and car plants over housingAnthropic IPO reported oversubscribed as banks weigh higher valuationMilitants kill at least 10 police officers in northwest PakistanLeaders open COP31 summit in Antalya as Guterres attacks fossil fuel lobbyUS charges three Iran-backed men over attacks on Jewish targets and RAF Fairford plotTrump announces end of US military aid to Israel as Netanyahu's office says it will be phased outHoax bomb emails force evacuation of hundreds of schools in ItalySaudi output nears prewar level as Europe's gas supply stays strainedHead of Turkey's banking regulator resigns amid investment fund scandalEU Commission presents Digital Fairness Act with fines of up to 6% of global turnoverUS stock futures rise as CoreWeave results ease AI jittersIndonesian vice president reportedly resigns as lawmakers back impeachment petitionMerz threatens EU budget veto unless all states fund Ukraine; Prague and Bratislava push backRussia says it detained two Poles for spying as US soldier is arrested in BritainHouse Republicans block impeachment of HegsethRubio and Wang hold call to prepare Trump-Xi meetingRussia's ambassador to the US Alexander Darchiev dies suddenly at 66Bennett heckles Netanyahu as new Knesset convenesAI data centres plan 181 GW of on-site gas power as grid delays biteOver one million in Lebanon face acute food shortages, UN saysTens of thousands join Poland's nationalist march after Krakow attackKenya discharges last Ebola patient and starts 42-day countdownHelsing launches European rival to Palantir's battlefield softwareEl Salvador fires rockets at Haitian 400 Mawozo gang compoundRussia-led CSTO strips Armenia of voting rights over unpaid debtsAbu Dhabi talks yield prisoner swap but no progress on territoryIran rejects uranium handover and threatens US bases in EuropeCongo's Ebola outbreak passes 11,000 cases as violence hampers responseMore tankers hit mines in Hormuz as Iran keeps strait shutRussia reports record drone attack on Leningrad region as strikes hit Ukraine's gridNvidia board hires law firm to probe CEO as Congress weighs subpoenaEuro hits 18-month low and yields jump as Fed weighs faster hikesSaudi air defences intercept more Houthi missiles as Yemen fighting widensGaza flood victims wait for tents as Israeli strikes continueSpain's first general strike in 14 years halts ports and car plants over housingAnthropic IPO reported oversubscribed as banks weigh higher valuationMilitants kill at least 10 police officers in northwest PakistanLeaders open COP31 summit in Antalya as Guterres attacks fossil fuel lobbyUS charges three Iran-backed men over attacks on Jewish targets and RAF Fairford plotTrump announces end of US military aid to Israel as Netanyahu's office says it will be phased outHoax bomb emails force evacuation of hundreds of schools in ItalySaudi output nears prewar level as Europe's gas supply stays strainedHead of Turkey's banking regulator resigns amid investment fund scandalEU Commission presents Digital Fairness Act with fines of up to 6% of global turnoverUS stock futures rise as CoreWeave results ease AI jittersIndonesian vice president reportedly resigns as lawmakers back impeachment petitionMerz threatens EU budget veto unless all states fund Ukraine; Prague and Bratislava push backRussia says it detained two Poles for spying as US soldier is arrested in BritainHouse Republicans block impeachment of HegsethRubio and Wang hold call to prepare Trump-Xi meetingRussia's ambassador to the US Alexander Darchiev dies suddenly at 66Bennett heckles Netanyahu as new Knesset convenesAI data centres plan 181 GW of on-site gas power as grid delays biteOver one million in Lebanon face acute food shortages, UN saysTens of thousands join Poland's nationalist march after Krakow attackKenya discharges last Ebola patient and starts 42-day countdownHelsing launches European rival to Palantir's battlefield softwareEl Salvador fires rockets at Haitian 400 Mawozo gang compoundRussia-led CSTO strips Armenia of voting rights over unpaid debts
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Symbolic image: Nvidia board hires law firm to probe CEO as Congress weighs subpoenaSymbolic image

Nvidia board hires law firm to probe CEO as Congress weighs subpoena

17 sources

Nvidia's board has commissioned an outside investigation into CEO Jensen Huang's relationship with a woman US intelligence considers a Chinese spy. Koha reports the company lost $430bn in market value.

Huang admitted the affair on Sunday, 8 November. The board said it had no reason to believe national security or Nvidia secrets were compromised, yet hired the New York firm Wachtell, Lipton, Rosen & Katz for an independent investigation. According to Handelsblatt, the woman, Alice Huang, bought a Singapore company in 2023 with Shanghai investors and renamed it Megaspeed. It became an official Nvidia Cloud Partner and received preferred access to chips worth several billion dollars. China denies any involvement, the China expert Ralph Weber told FAZ.

Pressure from Washington

Republican Senator Kevin Cramer demanded Huang's resignation, citing "enormous blackmail potential" (to Politico, via FAZ). President Trump says he believes Huang did not know the woman was a spy. Bloomberg reports that a Republican says Congress is set to subpoena Huang, and shareholders have filed a class action.

Chips for a PLA-linked university

Reuters found that a university linked to China's People's Liberation Army bought H200 chips despite being on a US blacklist.

Investors and succession

Bloomberg reports that Baird downgraded Nvidia, citing CEO uncertainty. FAZ notes that more than sixty executives report directly to Huang and that there is no clear number two.

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