Nvidia's board of directors is evaluating the future of chief executive Jensen Huang following reports of two alleged relationships. One of the reported affairs involves an employee, while the second is linked to suspected Chinese espionage. The controversy has rattled investors, erasing billions of dollars from the chipmaker's overall market valuation. Furthermore, the situation has created major uncertainty surrounding the company's ownership, leadership, and long-term succession strategy.
Nvidia CEO Jensen Huang faces mounting scrutiny after reports of two alleged affairs, including one involving an employee and another linked to suspected Chinese espionage. With the board reportedly weighing his future, the controversy has rattled investors, wiped billions off Nvidia’s market value and raised questions about succession, ownership and the chipmaker’s leadership.
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Bengaluru-based apparel manufacturer Page Industries established November 18, 2026, as the record date to determine investor eligibility for its latest payout. Despite reporting quarterly earnings growth, the company faced mounting cost pressures as total expenses climbed 15%. This profitability strain prompted an immediate negative market reaction, driving the stock down more than 12% toward a six-month low.
Singapore authorities took action after discovering the Chinese businesswoman sought to obscure her involvement in Megaspeed, a data centre firm accused of breaching U.S. export controls by smuggling thousands of advanced processors into China. The development carries significant geopolitical and corporate weight given her admitted personal ties to Nvidia CEO Jensen Huang, which she and her husband used to pursue lucrative technology ventures.
Amsterdam-based infrastructure provider Nebius secured robust third-quarter results as customers committed to extended contracts with higher upfront payments, fully funding the firm's immediate data center and networking buildouts. However, a conservative 2026 revenue forecast capped enthusiasm as investors scrutinize debt and financing conditions across the specialized AI cloud sector. The print offers relief following severe market swings that erased more than a third of the company's valuation last month.