Nvidia board opens independent probe into Huang-Megaspeed security claims

Nvidia's board of directors has launched an independent investigation into national security allegations surrounding CEO Jensen Huang, The Verge reported on November 9, 2026. US authorities are examining whether Huang's personal relationship with an executive at Megaspeed, a Singapore-based cloud company and major Nvidia customer, influenced the company's lobbying on chip sales to China.

US authorities suspect the Megaspeed executive may be a foreign intelligence asset who passed information to the Chinese government. Megaspeed's Malaysian affiliate is reported to have spent more than $4.8 billion on Nvidia chips and technology between June 2024 and February 2026.

Nvidia said meetings with customers are part of the CEO's job. US authorities, according to the report, believe the relationship became personal and heightened security concerns. The company said Huang will continue to lead Nvidia during the investigation and that there is no reason to believe national security or company secrets have been compromised so far.

Export controls in the background

The probe lands amid a long-running dispute over Nvidia's China business. In April 2025, the Trump administration imposed new restrictions on H20 chips for China. In July 2025, Huang met President Donald Trump at the White House to ask for eased export restrictions, and days later Nvidia said H20 sales to China were permitted.

In October 2025, before a meeting between Trump and Chinese President Xi Jinping, Huang asked for permission to sell more advanced chips to China, but Trump did not pursue it. In December 2025, H20 sales were allowed only to approved customers in China, with 25% of revenue going to the US government.

Earlier this year, a classified memo on the matter circulated within the Trump administration. Trump later said at a briefing that the issue did not greatly affect him and over the weekend described Huang as an honorable person.