Jensen Huang resigns as Nvidia CEO, Washington's investigation is just beginning

Nvidia CEO Jensen Huang resigned on Thursday, after he was reported to have had an affair with Alice Huang, an executive at Singapore tech company Megaspeed who is suspected of Chinese espionage, and members of Congress are preparing to investigate the possible damage this could cause to national security and US AI advantage. Senate Banking Committee Chairman Tim Scott subpoenaed Huang and Commerce Secretary Lutnick to testify in December; Lutnick has agreed to appear voluntarily, and Huang will face a subpoena if he refuses. House Foreign Affairs Committee Chairman Mast said Huang has agreed to testify under oath before Thanksgiving, involving the Intelligence Committee and the House China Committee, and set a deadline for him to respond by 8 p.m. Friday. Democrats will control both the Senate and House in January and are preparing to expand the investigation; Warren and Coons have sent letters demanding that officials preserve documents related to Nvidia's exports of advanced AI chips to China; the Commerce Department's investigation into Megaspeed's suspected smuggling of restricted chips to China has been referred to the Justice Department.