# Nvidia Sheds $430B in Two Days as Jensen Huang Faces Calls to Resign

- URL: https://talkfuse.com/story/nvidia-sheds-430b-in-two-days-as-jensen-huang-faces-calls-to-resign/
- Published: 2026-11-11T12:15:46+00:00
- Updated: 2026-11-11T13:41:30+00:00
- Original publisher: Decrypt
- Original article: https://decrypt.co/382991/nvidia-sheds-430b-in-two-days-as-jensen-huang-faces-calls-to-resign
- Topics: Asia, Business, Companies, World

## Key points

- Nvidia lost about $430 billion in market value in two days.
- US figures called for Jensen Huang to step aside during investigations.
- No public finding says Megaspeed broke chip export rules.

## Summary

Nvidia’s market value fell by about $430 billion over two trading days as scrutiny intensified over CEO Jensen Huang’s reported ties to a businesswoman whom US intelligence reportedly identified as a Chinese spy. The company has opened an investigation, while calls for Huang to resign have brought the controversy into a wider debate over national security and chip exports to China.

Shares closed down 5.5% on Tuesday at $168.89, after falling 4.3% on Monday, leaving them about 9.5% below Friday’s close and erasing Nvidia’s gains for 2026; they rose in early Wednesday trading. Senator Kevin Cramer and former economic adviser Larry Kudlow urged Huang to step aside, while lawmakers sought answers about whether confidential information was shared or export-control lobbying was influenced. The businesswoman, Alice Huang, is not related to Jensen Huang; her company Megaspeed is under US scrutiny, but no public finding says it broke export rules, and China has denied the intelligence allegations.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.