Sen. Kevin Cramer Calls on Jensen Huang to Resign, Citing Blackmail Risk; Schumer Demands Full Accounting on Chip Bills

Republican Senator Kevin Cramer of the Senate Banking Committee told reporters late on November 10 that Nvidia Chief Executive Jensen Huang should step down, arguing that the extramarital affair Huang has acknowledged leaves him exposed to blackmail. "He's got to go," Cramer said, calling the potential for extortion "tremendous."
The same day, Senate Democratic leader Chuck Schumer demanded a full accounting of President Donald Trump's defence of Huang and called for quick passage of bills tightening chip exports to China, including the AI OVERWATCH Act, the MATCH Act and the Chip Security Act. Senator Elizabeth Warren and Republican Senator Jim Banks issued a joint statement urging the Commerce Department to close loopholes in existing chip export controls.
Nvidia shares fell for a second straight session, shedding more than $400 billion in market value over two days, according to Reuters. Trump said on November 9 that the FBI is looking into the matter, and Nvidia's board has hired outside counsel to run an independent investigation. As GSM reported earlier, Huang has told employees he had an affair with Megaspeed executive Huang Le, whom U.S. authorities accuse of being a Chinese spy.
Chinese Foreign Ministry spokesman Guo Jiakun said on November 11, in response to U.S. lawmakers' calls to tighten China's access to advanced chips, that China's position on U.S. chip exports to China has been consistent.
GSM's newsroom has written to Nvidia's media department to ask about this matter and had not received a formal reply as of publication; GSM will continue to follow official developments.
Related: Huang Admits Affair to Staff as Nvidia Board Opens Independent Investigation
Source: Reuters
Published by GSM · USA (original Chinese edition)
Photo: 图:英伟达创始人兼首席执行官黄仁勋2026年4月30日在斯坦福大学出席对谈(资料图)。Anderseidesvik 摄,CC BY-SA 4.0,经 Wikimedia Commons,本站档案图复用。 / Photo: Nvidia founder and CEO Jensen Huang at Stanford University on April 30, 2026, file photo by Anderseidesvik, CC BY-SA 4.0, via Wikimedia Commons; GSM archive reuse.
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