Jensen Huang to testify before Congress after ouster over China spy allegations

Jensen Huang, ousted as Nvidia CEO on Thursday, will testify before Congress before Thanksgiving regarding alleged ties to a Chinese intelligence source. House Foreign Affairs Committee Chairman Brian Mast confirmed the testimony, which will be held via video and recorded. Huang resigned after reports of an extramarital affair with a Chinese businesswoman identified by US authorities as a Beijing intelligence asset. He had been subpoenaed by three Republican lawmakers, and Nvidia's stock fell 5.77%. CFO Colette Kress has been named interim CEO. The testimony follows allegations that Huang's affair facilitated at least $7.5 billion in Nvidia chip shipments to Chinese companies. Additional reports linked him romantically to Nvidia's healthcare VP, intensifying scrutiny amid ongoing US-China export control tensions.