Loading presentation…

Nvidia's board is investigating its own chief executive | The Receipts - Dataspheres AI

Nvidia's board is investigating its own chief executive THE RECEIPTS Nvidia's board is investigating its own chief executive November 9, 2026 A statement o...

Nvidia's board is investigating its own chief executive THE RECEIPTS Nvidia's board is investigating its own chief executive November 9, 2026 A statement on a Sunday night A statement on a Sunday night — Nvidia said on Sunday, November 8, 2026 that its board of directors is opening an independent investigation of founder and chief executive Jensen Huang — A committee of independent directors, assisted by outside independent counsel, will oversee it — The same statement says the board has no reason to believe that either national security or Nvidia secrets were compromised The company at the centre The company at the centre $4.6B Megaspeed International's imports of Nvidia hardware from 2022 to 2025, counted by the research group C4ADS and published September 9, 2026 50 export shipments of restricted Nvidia chips the same report traced through Vietnam, India and Malaysia to Hong Kong and China, 2023 to 2025 $13.4M the approximate value of those 50 shipments 391 days from a senator's letter about this company to the board's investigation What the company says “The diversion allegations against this regional cloud were thoroughly investigated and debunked last year.” — Nvidia, October 29, 2026 The warning, more than a year earlier The warning, more than a year earlier — On October 13, 2025 Senator Tom Cotton asked Commerce Secretary Howard Lutnick to investigate Megaspeed for skirting United States export laws, describing it as a spin-off of a Chinese state-owned cloud company — The letter asked the department to examine the company's ownership, its affiliates and its ties to American firms; what the Commerce Department concluded has not been made public Senator Tom Cotton of Arkansas, who sent the letter Commerce Secretary Howard Lutnick, who received it Days from a warning to an investigation Days from a warning to an investigation — 391 days from the senator's letter about the company to the board's investigation — 10 days from the first report about the chief executive to the same investigation The routes the report describes The routes the report describes The routes the report describes The routes the report describes The routes the report describes Three chairmen want a closed door Three chairmen want a closed door — A letter from three House committee chairmen was made public on November 5, 2026; here they are: Brian Mast, John Moolenaar and Rick Crawford — They wrote that Congress must determine whether United States national security was put at risk, and invited the chief executive to a joint briefing on November 18, 2026 Brian Mast, chairman of the House Foreign Affairs Committee John Moolenaar, chairman of the Select Committee on China Rick Crawford, chairman of the House Permanent Select Committee on Intelligence Not only one party Not only one party — Senator Chris Coons called for a congressional investigation on November 7, 2026 — Representative Seth Magaziner asked that the Commerce Secretary and the chief executive testify; Nvidia did not immediately respond to a request for comment from Fox Business Senator Chris Coons of Delaware Representative Seth Magaziner of Rhode Island From the report to the briefing From the report to the briefing From the report to the briefing From the report to the briefing From the report to the briefing On the record, and not on the record On the record, and not on the record A letter asked about this company 391 days ago. A letter asked about this company 391 days ago. The investigation opened this weekend. The board says no secrets moved, and Congress has asked for a briefing on November 18. Stay up to date with Dataspheres AI Stay up to date with Dataspheres AI Sign up and get the Dataspheres AI Weekly: the week's key stories and what to watch next. dataspheres.ai/signup Scan to sign up