$NVDA · Meet Kevin · 2026-11-08

It appears that the CEO of the world's second most valuable company, Nvidia, which was recently overtaken by Apple, was secretly replacing his wife with a Chinese intelligence operative.

In other words, Jensen Huang, the CEO of Nvidia, a company valued at over $4.5 trillion, was apparently having an affair, by his own admission now, with an attractive Chinese spy planted by Beijing’s Ministry of State Security.

So, where do we stand in 2026? What does this mean for the stock, and for, well, Nvidia stock and the entire AI business?

So, apparently, you have this company that started a short-selling center in Nvidia in May and published its research to the public here. They argue that Nvidia claims that 0 percent of its business went to China, but there have always been questions about why so many Singaporean companies suddenly became major Nvidia customers, and how China continues to get its latest and best Nvidia chips.

Megaspeed was buying Nvidia chips. As a result of purchasing a lot of Nvidia chips, she gained a close relationship and direct access to Jensen Huang, which may have eventually led to the relationship that developed between Jensen and the Chinese spy.

Keep in mind that many of Jensen's children already work at Nvidia. I'm sure at least two of their adult sons hold vice-presidential positions at Nvidia, but that part, although it will be embarrassing for them in the office tomorrow, doesn't matter much here.

However, to my colleagues at Nvidia, including those I have worked alongside for decades, and to our board partners and shareholders from around the world, you deserve the best from me.

Leading Nvidia is my life's privilege and my responsibility is to serve you and be worthy of your trust. I have fallen short in this responsibility, but I am fully committed to Nvidia and will work to regain your trust.

Regarding the national security concerns raised in news reports, the board has initiated an independent investigation. I support this investigation and will cooperate fully. I love my country and our company, and I am committed to protecting Nvidia and supporting American national security.

So, a lot of people are now speculating that Jensen, you know, was deliberately pushing the Trump administration to sell Nvidia chips to China because of this woman. My opinion on this, in short, is that Jensen would have wanted to sell chips to China anyway, and he was pushing to sell chips to China because it is a huge customer.

Therefore, many people are now panicking, saying, "Oh my God, Nvidia is going to destroy the AI business." We imposed restrictions on their ability to manufacture chips, yet they managed to figure out how to make DRAM using an old technique.

So, I think the restrictions didn't work, and now our memory company stocks are collapsing.

According to my research, he doesn't have one. I may be wrong about that, but it means that Ms. Huang, who is likely to launch soon, owns a significant stake in Nvidia. Some people suspect that this will lead to some kind of sell-off of Nvidia shares.

Some fear that Jensen will essentially be ousted from his position. I mean, if we look at how much Jensen owns of Nvidia, you could say, "Well, half of that might end up as a stake for them to get rid of."

So, you're talking about an impact of about 1.25% assuming she divested all of her roughly 435 million shares in Nvidia.

We want to customize the latest and best chips. There is a lot of money at stake in this, and there is also national security at stake related to who possesses the most powerful cyber weapons.

This is what we have here as a buyer of Nvidia chips. Alice Huang, well, a little information about her. Her Chinese name is Huang Li, and she is a Chinese citizen, not related to Jensen as we mentioned.

An executive at Mega Speed International. It is a company in Singapore. The records list her as an administrative manager. I have since left the board of directors. She has publicly presented herself as the CEO of Mega Speed.

That's at least what I've claimed in the past. And now, of course, people are wondering: "Well, her biography might be completely fabricated." "For example, Mega Speed, where did they originally come from?"

Well, it was renamed from a company called "Seven Road International" in March 2023 when GPT was launched. So, it all goes back to the time GPT was released. This is also when Seven Road International suddenly became Huang Li's company.

In fact, it has been transformed into "Huang Li Limited". correct. Good. In any case, the Wall Street Journal had been suspicious of this company for some time, and there were even rumors that Singaporean and Taiwanese authorities were trying to track it down and send people to monitor it, or conduct a special investigation to find out who this woman was and what she really intended to do.

That's what the Wall Street Journal says. Robbie Whelan, he's already done a story about me. Robbie Whelan argued that Taiwan and Singapore conducted their own investigations. Of course, those countries publicly deny conducting these investigations, which is not at all unusual.

So, you have a really strange background on where this company came from. However, suddenly they had a lot of money to buy graphics processing units.

Mr. Huang, we are writing to request that you appear before our committee for a closed joint briefing on Nvidia’s security protocols against foreign adversary espionage and your interactions with a publicly disclosed intelligence asset in the People’s Republic of China.

So, what does this mean for the stock, especially since people like Marco Rubio have been hounding you about this for a while? , it would be embarrassing if we took Jensen to China now."

They ended up taking him to China anyway. It's a strange situation where things have gone back to square one, I think.

However, Jensen also regularly denies that anything unusual has happened . China eventually obtained approval to manufacture H200 models and weaker models, and to gain access to older models.

Many believe there is a link between this Chinese agent and Jensen's contribution to the pressure that enabled this to happen. Again, I think this was going to happen anyway. For example, Jensen donated $20 million to Donald Trump’s White House Hall Fund.

And here many people say, "Oh, Kevin, you know, but public companies donate to fund the hall." The response is: "Yes, absolutely, but they are funding the hall with their own money to get benefits from Trump."

Invitations to China, for example, or access to China, whatever it may be.

The response is: "Yes, absolutely, but they are funding the hall with their own money to get benefits from Trump." Invitations to China, for example, or access to China, whatever it may be .

I have exposure, a relatively small exposure to both AMD and Nvidia. I sold a lot of Nvidia shares at around 195 because I had to pay some taxes on a large asset that I sold, and therefore I had some depreciation recovery.

I'm perfectly fine. But I love them both. Actually, I think they are both very cheap.

But the one that actually has more "elite" profit margins is Nvidia. Nvidia is actually trading at a much cheaper price now. Nvidia is trading at roughly half the valuation of AMD , which is insane.

The value of 5090 cards also continues to rise. I bought a set of 5090 cards at 2900 and 4900, and now they are trading at around $7500. That was what I said on October 5th. I'm pretty sure it's now approaching $10,000 to $ 11,000, which is really ridiculous.

But the reason is that you can literally use these 5090 cards . They also have Blackwall 6000 cards, but you can use these 5090 cards for Qwen models.

If you look at Nvidia's financial data, the profit margins, I hate to say it, are amazingly good. These are the margins they operate on here; this is their total profit in their annual report.

In fact, the price was $4.99 before inflation. However, 72.1 divided by 96.2, I got profit margins of about 75% . Therefore, they have profit margins that are approximately 50% higher than AMD.

Now, the theory is that AMD does a lot of small PCs and its exposure to data centers is still very small compared to Nvidia, and that's why they will catch up in profit margins, where there is greater pricing power to be achieved at AMD.

In my opinion, you buy a portion of this entire basket, and then you get exposure to Nvidia and AMD, a basket that probably includes, I think we are at around 33 stocks currently or thereabouts.

So, Nvidia represents about 90%. This is not true. I shouldn't call it a small part. It constitutes 62.8% of data centers. So, this is another instance where Nvidia is about 50% ahead in data center exposure there.

Like Nvidia, which is already considered cheap. people are wondering, well, what if he gets divorced or something? This is essentially the entire global economy and we are built on Jensen's wife's "Angry Birds" foundation here.

The truth is, even if she gets rid of all her shares over time, I think it's more likely that she'll end up in a situation similar to MacKenzie Scott, where MacKenzie divorced Bezos after Bezos, you know, did some things. She ended up accepting 25% of their wealth .

I don't know if Jensen's wife will do that too, and we also don't know if they will end up getting divorced. Some will overlook this and hope that they can resolve their differences.

It appears they do not have a prenuptial agreement, which is important because, although Nvidia was founded before their marriage, some believe that a prenuptial agreement will not matter for things created after marriage.

Since that doesn't exist and they are in California, which would be very sympathetic to Jensen's wife, I must say she deserves 50%. This would be equivalent to approximately 1.35% of Nvidia's shares.

What matters is whether people will view Jensen differently? Will people say, "Oh, Jensen fell in love with a Chinese spy? He is not qualified to be a leader. He will be expelled.

My opinion is that there is no way to get him fired. He founded this company. He started it with his own effort and almost went bankrupt. I mean, he put everything into this company. I don't see him going anywhere.

Can I imagine Laurie taking her shares and leaving? Yes, of course. Will Spencer and Madison, the sons who also work at Nvidia, leave? No, probably not. Similarly, the CEO of Intel had a romantic relationship in June 2018 with someone who also worked at Intel.

He ended up being fired, but he was spending his career at Intel. He was not one of the founders of Intel. So, I don't see Jensen going anywhere.

I mean, yes, this is a stain on Jensen, but to me, do I think it's justifiable to say, "Oh, that's it. Am I going to sell all my Nvidia stock while it's trading at a P/E ratio of 0.6?" No, I think that's overkill.

Do I think this, you know, changes anything about Nvidia's trajectory? Or , maybe it's going to lead to more investigations by the Democrats, even though they were already underway in some form.

Now that it's out in the open , you know, there's going to be so much doubt about Jensen doing this again, that I think it's going to be very difficult for Jensen to do it again.

Now, in overnight trading, Nvidia's stock is down about 3.5 percent. My take on this, it might sound like a broken record, but buy on any dip because of this .

Is this the fall of AI? Is this , you know, the end for Nvidia or Jensen? No.