# Nvidia CEO Out as Spy, Affair Probes Swirl

_CNBC reports Jensen Huang resigned as Nvidia CEO amid probes tied to Alice Huang and Megaspeed chip sales._

**Published:** 2026-11-13
**Source:** https://www.startuphub.ai/ai-news/public-companies/2026/nvidia-ceo-out-as-spy-affair-probes-swirl

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[CNBC](https://www.youtube.com/watch?v=Yx2lgDruVaI) reports Jensen Huang resigned as Nvidia CEO after a $150 billion AI run.

Alice Huang Spy ProbeDriverFrom the article 2 mentionsThe New York Times reported U.S. intelligence identified Alice Huang as a spy as TSMC manufacturing bets $265 billion on Arizona fabs, per CNBC.linked toMegaspeed Buys ChipsDriverFrom the articleAlice Huang worked with Singapore-based Megaspeed as it bought nearly $5 billion in restricted Nvidia chips, per CNBC.involvingA100 Boards RestrictedCoreFrom the articleThose $200,000 A100 boards trained early OpenAI models before 2022 bans forced three redesigns, per CNBC.leads toHuang Resigns as CEOOutcomecnbc reports resignation after $150 billion AI run amid affair probesFrom the articleCNBC reports Jensen Huang resigned as Nvidia CEO after a $150 billion AI run.Alice Huang Spy ProbeDriverFrom the article 2 mentionsThe New York Times reported U.S. intelligence identified Alice Huang as a spy as TSMC manufacturing bets $265 billion on Arizona fabs, per CNBC.Megaspeed Buys ChipsDriverFrom the articleAlice Huang worked with Singapore-based Megaspeed as it bought nearly $5 billion in restricted Nvidia chips, per CNBC.TSMC Arizona FabsContextFrom the articleThe New York Times reported U.S. intelligence identified Alice Huang as a spy as TSMC manufacturing bets $265 billion on Arizona fabs, per CNBC.involvingA100 Boards RestrictedCoreFrom the articleThose $200,000 A100 boards trained early OpenAI models before 2022 bans forced three redesigns, per CNBC.Huang Resigns as CEOOutcomecnbc reports resignation after $150 billion AI run amid affair probesFrom the articleCNBC reports Jensen Huang resigned as Nvidia CEO after a $150 billion AI run.US Export BansDriver2022 bans forced three redesigns before Trump cleared restricted salesFrom the articleThose $200,000 A100 boards trained early OpenAI models before 2022 bans forced three redesigns, per CNBC.thenTrump 25 Percent CutEffectFrom the articleThe Trump administration later cleared restricted sales for a 25% U.S. cut, but Beijing blocked large imports, per CNBC.butBeijing Blocks ImportsOutcomeFrom the articleThe Trump administration later cleared restricted sales for a 25% U.S. cut, but Beijing blocked large imports, per CNBC.

Alice Huang worked with Singapore-based Megaspeed as it bought nearly $5 billion in restricted [Nvidia chips](https://www.startuphub.ai/ai-news/public-companies/2026/bloomberg-money-minute-eu-trade-nvidia-earnings-openai-ipo), per CNBC.

"Every company makes mistakes, and I make a lot of them," Huang said.

Those $200,000 A100 boards trained early [OpenAI models](https://www.startuphub.ai/ai-news/investors-news/2026/softbank-s-60-billion-openai-bet-raises-concerns) before 2022 bans forced three redesigns, per CNBC.

The [Trump administration](https://www.startuphub.ai/ai-news/technology/2026/h-1b-visa-fee-struck-down-ai-in-law-explained) later cleared restricted sales for a 25% U.S. cut, but Beijing blocked large imports, per CNBC.

The New York Times reported U.S. intelligence identified Alice Huang as a spy as [TSMC manufacturing](https://www.startuphub.ai/hardware/chips/taiwan-considers-ai-chip-export-curbs-amid-china-s-ai-push) bets $265 billion on Arizona fabs, per CNBC.

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