Nvidia's abrupt leadership transition following CEO Jensen Huang's resignation on November 12, 2026, stems from media reports detailing three extramarital affairs, including one with Alice Huang, an executive at Singapore-based Megaspeed suspected by U.S. intelligence of Chinese espionage ties, and two involving Nvidia employees such as healthcare VP Kimberly Powell. These disclosures triggered board action, an internal investigation into foreign intelligence risks, and a sharp stock decline amid broader AI supply chain and national security scrutiny. Trader sentiment on further revelations, including a potential fourth affair, reflects ongoing media momentum from outlets like the New York Times and Reuters, alongside Nvidia's shift to interim CEO Colette Kress and upcoming congressional testimony. Competitive dynamics in the AI chip sector and regulatory oversight could amplify volatility if additional details surface before year-end.