On Sunday 8 November, Nvidia CEO Jensen Huang admitted in a memo to staff that he was unfaithful to his wife, stating "there is no excuse for what I did" and taking full responsibility for the hurt caused. The company's board simultaneously announced it is opening an independent investigation into reports that Huang has been targeted by a foreign intelligence operation, according to Financial Times reporting and Nvidia's board statement. Nvidia shares fell 5.64% overnight to $176.11 from Friday's $186.64 close, with the company's market capitalization declining to $4.50 trillion from $4.82 trillion. Huang's memo did not specify details about the other party, while the identification as an alleged Chinese intelligence asset rests on Financial Times reporting and a U.S. intelligence memo. A company spokesperson said Huang remains committed to leading Nvidia as CEO.

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