How Jensen Huang's resignation from Nvidia is threatening AI-powered economy

The Hill - Nov 13, 2026

Jensen Huang’s departure from Nvidia threatens the stability of the AI industry and the market as a whole, as experts express differing outlooks on the chipmaker’s future. Huang resigned as CEO of the company he built from the ground up, Nvidia’s board of directors announced Thursday, after The New York Times reported on a pair...

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Trump told Huang to fight for his job after affair scandals: Report

Nov 13, 2026

Trump told Huang to fight for his job after affair scandals: Report

President Trump called outgoing Nvidia CEO Jensen Huang and told him to fight for his job ahead of his resignation, The New York Times reported on Thursday, citing two people briefed on the conversation. Huang resigned as CEO of one of the world’s most valuable companies after reports emerged of multiple extramarital affairs, including one...

SpaceX to invest $74B into data center construction projects in Texas, Arizona

Nov 12, 2026

SpaceX to invest $74B into data center construction projects in Texas, Arizona

Elon Musk’s SpaceX plans to invest more than $74 billion into building two data centers in Texas and Arizona, the company announced Thursday, marketing them as projects that will boost local communities amid backlash surrounding such facilities. “These investments will expand local tax bases, generate substantial new revenue for schools and public services, and create...

Kalshi ends Donald Trump Jr. advisory role, pointing to Polymarket ties

Nov 12, 2026

Kalshi ends Donald Trump Jr. advisory role, pointing to Polymarket ties

Kalshi has ended Donald Trump Jr.’s advisory role with the company after his firm, 1789 Capital, increased its investment in Polymarket earlier this year. “We have mutually agreed to end Don’s advisory role after his firm’s significant investment in a competitor this past summer,” Kalshi spokesperson Dani Lever said in a statement. “We are grateful...

FBI: North Korean hackers have stolen $400 million in crypto over last 18 months

Nov 12, 2026

FBI: North Korean hackers have stolen $400 million in crypto over last 18 months

The FBI said Thursday that North Korean hackers have stolen more than $400 million in cryptocurrency over the past 18 ​months using a social engineering scheme called “FaceStealer.” The scheme uses imposter versions of video conference platforms and secretly recorded web camera videos along with computer intrusions to target people working in the cryptocurrency industry,...

Top trade committee Democrats launch probe into Trump administration approving Nvidia's chip sales to China

Nov 12, 2026

Top trade committee Democrats launch probe into Trump administration approving Nvidia's chip sales to China

The top Democrats on the House and Senate's trade committees are requesting the Commerce Department preserve its records on President Trump's decision late last year to allow Nvidia to sell its H200 chips to China. The investigation was announced Thursday by Sen. Ron Wyden (D-Ore.), ranking member of the Senate Finance Committee; and Rep. Richard...

Musk signals support for Huang after saying hiring him would be 'an honor'

Nov 12, 2026

Musk signals support for Huang after saying hiring him would be 'an honor'

SpaceX CEO Elon Musk is hinting toward supporting Nvidia's ex-CEO Jensen Huang, who resigned Thursday following reports of his extramarital affairs — one of which involved an alleged Chinese spy. “That would be an honor,” Musk wrote on social platform X on Wednesday night — prior to Huang's resignation — in response to financial news...

Lawmakers want answers after Nvidia's Huang steps down

Nov 12, 2026

Lawmakers want answers after Nvidia's Huang steps down

Nvidia's Jensen Huang resigned Thursday as CEO amid an explosive spy scandal, but Washington isn't letting him off the hook.  Lawmakers on both sides of the aisle said they still want to hear from the ex-Nvidia chief amid national security concerns about his involvement with a woman who U.S. officials concluded was passing information to China. "Jensen...

Live updates: Huang exits Nvidia; Democrat locks down Kansas governor's mansion

Nov 12, 2026

Live updates: Huang exits Nvidia; Democrat locks down Kansas governor's mansion

Nvidia CEO Jensen Huang resigned Thursday from the company he co-founded after revelations of extramarital affairs, including one with a woman alleged to be a spy for China. Kansas state Sen. Cindy Holscher was projected to win the governor's mansion Thursday, more than a week after Election Day. Holscher defeated Republican Kansas Senate President Ty...

Jim Banks calls for Lutnick to testify on Nvidia CEO controversy, alleging 'loophole' use

Nov 12, 2026

Jim Banks calls for Lutnick to testify on Nvidia CEO controversy, alleging 'loophole' use

Sen. Jim Banks (R-Ind.) called on Commerce Secretary Howard Lutnick to testify regarding his involvement with former Nvidia CEO Jensen Huang’s relationship with an alleged Chinese spy, accusing Lutnick of using a “loophole.” “This news is as concerning as it gets,” Banks said Thursday during an appearance on Fox News. “When you're in a war...

Heritage Foundation head: GOP made midterm 'mistake' on data centers

Nov 12, 2026

Heritage Foundation head: GOP made midterm 'mistake' on data centers

The president of the Heritage Foundation, Kevin Roberts, said this week that the Republican Party erred in its stance toward data centers in the midterm elections. “Conservatives were apoplectic about data centers,” Roberts told Financial Times in an interview published Thursday.  The conservative think tank leader told the outlet that Democrats “did a brilliant job,...

Who is interim Nvidia CEO Colette Kress?

Nov 12, 2026

Who is interim Nvidia CEO Colette Kress?

Colette Kress is taking on the role after the resignation of CEO Jensen Huang.

House Republican says Huang has agreed to appear before lawmakers

Nov 12, 2026

House Republican says Huang has agreed to appear before lawmakers

Jensen Huang, the tech executive at the center of an alleged Chinese corporate espionage scandal, has agreed to appear before Congress in a closed-door briefing focused on threats to U.S. national security, a top Republican told The Hill on Thursday. Rep. Brian Mast (R-Fla.), the chair of the House Foreign Affairs Committee, said lawmakers are...

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