Congress Threatens to Subpoena Nvidia CEO Jensen Huang Over Alleged Spy Scandal

The crisis surrounding Nvidia (NASDAQ: NVDA) CEO Jensen Huang reportedly deepened this week as multiple U.S. congressional committees threatened to issue a formal subpoena. Lawmakers want Huang to answer questions about his alleged relationship with a Chinese intelligence operative.

House Foreign Affairs Committee Chairman Brian Mast (R-FL) gave Huang until Wednesday, November 11, to respond to a joint request for a private, closed-door briefing on November 18. House China Committee Chairman John Moolenaar told Fox Business that a subpoena would likely be issued if Huang did not comply. Democratic lawmakers have separately called for investigations and testimony.

At the center of the allegations is Alice Huang, a Chinese citizen and former executive at Singapore-based chip buyer Megaspeed. U.S. intelligence officials have reportedly suspected her of funneling information to Beijing’s Ministry of State Security. Nvidia’s board has opened an independent investigation into Jensen Huang’s interactions with her. The company says the interactions were ordinary customer contacts and that no sensitive information was shared.

The fallout has been significant for investors. Nvidia shares fell to a low of $166.95, erasing the company’s 2026 gains. The stock was down 18.42% for November alone. The FBI is also reportedly examining the matter, following a public statement by President Trump.

Nvidia is scheduled to report its quarterly earnings on November 17, one day before the proposed congressional briefing—adding further pressure on the chipmaker.

Source: TechCrunch – Congress to Call Jensen Huang In to Answer for Alleged Chinese Spy Affair