She only loved him for his chips.
Page F140From§Eachthe evening edition — 11 November 2026
Nvidia prices its CEO's spy-affair scandal at $500 million, with two-day delivery.
As it ran on the front
Nvidia's stock traded above $227 a share on August 27th, up roughly 8.5 percent on the day, after the company reported strong second-quarter earnings. The Hill called it a leap. Call it that.
On November 8th, the New York Post reported that chief executive Jensen Huang had admitted to an affair, and that, according to the reports, Secretary of State Marco Rubio's office had flagged the woman months earlier as a suspected Chinese spy. The woman, Alice Huang, is an executive at Megaspeed, a company that buys AI chips. The gap between the warning and the admission is not a number this ledger can price; the receipts give it no date beyond "months ago," so it stays off the books.…
…(cont) By Tuesday the file had grown four pages. Nvidia's board named Joon H. Kim, the former acting U.S. attorney for the Southern District of New York, to lead an independent investigation into the chief executive — CBS reported the appointment the same morning the stock opened lower for the second straight day.
Senate Republicans read the file too.
The stock kept falling. CBS put the two-day total at nearly $500 million lost, Monday into Tuesday — the same two days the board announced its investigator and the Examiner ran its quote. Shareholders filed suit Tuesday, naming both Nvidia and Huang.
Reconciled, hon: a company whose stock jumped on an earnings beat in August lost close to $500 million in two days in November, the same two days its board confirmed an outside investigation and a senator said he lost his breath. The ledger does not explain the affair. It only prices it.
“A memo flagging a suspected spy sits in Washington for months, and the first people to actually price the risk are the shareholders' lawyers, not the FBI or the Senate. That's the real story here — national security got outsourced to the stock ticker, and it only moved once the money did. Half a billion dollars gone in two days isn't the cost of a scandal, it's the cost of nobody with a badge doing their job on time.”
“Look, the system worked — Secretary Rubio's office flagged it, the board acted, the market corrected itself inside forty-eight hours, that's accountability in real time. Sure, there's a stretch between "months ago" and November 8th, but — did I say stretch? There's no stretch, there's process. The senator who lost his breath? That's oversight functioning exactly as designed, not a man finding out from CBS like everybody else.”
Earlier in this story
- The $2.1 billion Patriot sale Washington approved Friday is funded entirely by U.S. partners and allies, after Ukraine spent nearly a month waiting for Hegseth's signature. By Mort · the evening edition, 8 November 2026
The receipts
Nvidia's stock fell again on Tuesday, bringing its total two-day losses to nearly $500 million as the company grapples with CEO Jensen Huang's affair with a suspected Chinese spy. Jo Ling Kent reports.
The billionaire tech executive finds himself mired in a personal and national security scandal.
Nvidia's stock slid further on Tuesday amid CEO Jensen Huang's admission that he had an affair with a suspected Chinese spy. CBS News' Jo Ling Kent has more.
Nvidia's board announced Tuesday that Joon H. Kim, former acting U.S. attorney for the Southern District of New York, will lead the company's independent investigation into CEO Jensen Huang following his affair with an alleged Chinese spy.
Nvidia and CEO Jensen Huang are now facing a shareholder lawsuit over Huang's affair with an accused Chinese spy. CBS News contributor Patrick McGee has more.
Senate Republicans pressed for answers Tuesday over allegations that Chinese intelligence targeted Nvidia CEO Jensen Huang, raising questions about who in the Trump administration knew of the suspected operation, whether the FBI should have warned Huang, and how federal officials vetted Chinese companies cleared to handle Nvidia’s…
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This page is a back-issue: the story as it ran, receipts as they were. The current edition is at the front. The byline is a pen name for a column drafted by a machine and checked by the editor: how this is made.