Fallout from Nvidia scandal spreads as Huang resigns

At closing bell Thursday, NVIDIA's stock ended the day down 4.3 percent following news of CEO Jensen Huang's resignation. And in Washington, D.C., government leaders are sounding the alarm. We need a classified briefing made available to members of Congress as it relates to the NVIDIA situation. And to the extent that our national security has been compromised. Huang reportedly had three affairs, two with company employees and one with Alice Huang, a suspected Chinese spy. This video shows the two together inside a restaurant in Taiwan in 2025. Alice Wong is an executive at a Singapore-based cloud computing firm called Megaspeed. Megaspeed has faced scrutiny from the United States for potentially providing Chinese companies with unauthorized access to U.S. chips. Now, Commerce Secretary Howard Lutnick is reportedly under fire for failing to crack down on the findings. It seems that the Commerce Department has been kind of slow walking some of these investigations into how Jensen and his company were trying to get chips into China through intermediaries. So that is something we're trying to find out is why, in fact, did Trump keep him so close when there were issues of espionage? Earlier in the week, Donald Trump said he only recently found out about the allegations. Not too long ago. He posted on social media Thursday saying Huang had done a quote fantastic job in the role and suggested former Apple CEO Tim Cook should fill the vacancy. The tech giant announced its chief financial officer Colette Kress will take over as interim CEO. China's foreign ministry rejected the spy allegations Thursday.