Jensen Huang is out at Nvidia. On November 12 the board accepted his resignation as CEO, president, and director after he admitted an affair with Alice Huang, a Megaspeed executive that some U.S. officials have called a Chinese intelligence asset. More affairs followed in the reporting, including one with a Nvidia vice president. Colette Kress is interim CEO. The stock dropped as much as 14 percent that day. From the October peak the company has shed more than a trillion dollars in market value.
The official story is personal misconduct plus national-security risk. Huang had lobbied hard to loosen chip export controls. Megaspeed had bought billions in Nvidia hardware and was under scrutiny for possible diversion to China. Intelligence briefings do not usually leak by accident. UnHerd called it a whodunnit and noted that some part of the American government appears to have wanted him gone.
Jess Watters had a great segment on the set-up
Did NVIDIA CEO Jensen Huang Self-Destruct, or was he SET UP?
Whoever ultimately CONTROLS NVIDIA… CONTROLS ALL.
Just DAYS after Democrats WON, this BOMBSHELL DROPS. 🤔
Are Democrats looking to SEIZE the A.I. CHIP MARKET? https://t.co/veI6fPsv7B
— Jesse Watters (@JesseBWatters) November 13, 2026
The CCP Spy Theory
The cleanest version is that Alice Huang was a Ministry of State Security honeypot. She and her network of companies bought large volumes of restricted chips. U.S. officials circulated a memo warning that she was an asset and that Huang had been targeted. Beijing denies it.
That story has already frayed. The CIA was not convinced the intercepted communications showed she was knowingly passing information to Beijing. Some ODNI officials called the spy label “over-torqued.” Attorney General Todd Blanche said neither Justice nor the FBI has confirmed she was a spy. Marco Rubio, as secretary of state and national security adviser, took a less conclusive CIA report and recast it in more assertive terms for the memo that went to senior officials before Trump’s May trip to Beijing. China hawks had been trying to break Huang’s influence on the president for months. One former official put it plainly: they wanted to destroy the influence Jensen had over the president.
This makes us think it is the Deep State, which almost always supports anything that helps China, is behind it all.
The more they do this, the more I want to support Jensen.
This is obviously looking like a setup
— iNeo_G 🚀 💫 ✨ 🇬🇧 🇺🇲 (@iNeo_G) November 15, 2026
The Deep State / China Hawk Theory
Glenn Greenwald noted that whoever wanted Huang gone “wields extreme levels of power.” The New York Times received a tip in August 2025 from a “tech industry contact” telling a reporter to drop everything and look at Megaspeed. Weeks later Washington national-security reporters started hearing about Alice. State Department sources have been cited in the original reporting. Louis-Vincent Gave, speaking to UnHerd, pointed to a State Department angry about Nvidia sales into China and suggested the timing followed Trump’s midterm losses. Intelligence briefings do not surface on their own. Huang had many enemies inside the permanent bureaucracy that prefers tighter controls.
🚩 David Sacks: “Jensen made powerful enemies, either as a result of his policies or because of his company’s success, and some of those people eventually took him down.” https://t.co/nhPhpEGkEM
— Chief Nerd (@TheChiefNerd) November 14, 2026
The Anthropic / Open-Source Theory
This one has the most energy on X and on the All-In podcast. Huang has been one of the loudest corporate voices for open-weight models. So has Elon Musk. Open weights let more developers build, which means more Nvidia chips sold and less concentrated power. Anthropic and the broader AI-safety community prefer a small number of heavily inspected companies and tighter government oversight of both models and chips.
David Sacks, on the latest All-In episode, said the safetyist group chats were in “full jubilee mode” after Huang’s exit. He tied those groups to Anthropic, which has funded them for years and is heading into a large IPO. Sacks argued the ouster concentrates the market and that the real agenda is extreme centralization: all the models and all the chips under government control, with back doors. UnHerd noted that some in San Francisco have pointed at Dario Amodei himself, wondering whether he was heading off a Huang plan for frontier-class open models. The tip to the Times came from inside the tech industry. Timing sits right before Anthropic’s roadshow.
—- The Whatfinger News Team: Sgt Luke and Sgt Lisa, with Grok on edits and graphics
