Nvidia has a Jensen Huang problem right before earnings. You can’t make this stuff up.

NVDA shareholders were already heading into a big earnings week. Now the board is launching an independent investigation into reports that Jensen Huang was targeted by a foreign intelligence operation. And Jensen has issued an apology to his family and Nvidia employees after admitting he was unfaithful to his wife.

The woman involved is Alice Huang, reportedly connected to Megaspeed, a Singapore-based Nvidia customer. U.S. authorities have been scrutinizing Megaspeed over suspicions that it helped China get access to advanced AI chips that are restricted from export. So this isn’t just some CEO caught having an affair. We’re talking China, export controls, national security and Nvidia’s own customer relationships.

The board says it has no reason to believe company secrets or national security were compromised. Jensen is cooperating, and the board says it has confidence in him. He’s still CEO. But they don’t exactly launch an independent investigation for fun.

Congress is getting involved too. Three Republican House committee chairmen want Jensen to appear for a closed-door briefing on November 18. He has until November 11 to respond. That’s another deadline landing right before earnings.

And speaking of earnings, Nvidia reports November 17 after the market closes. Analysts are looking for around $109 billion in revenue, up from $96.2 billion last quarter. That’s an insane amount of business to report while the CEO is dealing with a board investigation and questions about possible Chinese intelligence activity.

Imagine Nvidia beating $109 billion in revenue and the stock getting more attention for Jensen’s personal life than the actual numbers. Or the earnings call turning into a Q&A about China, Megaspeed and export controls instead of GPUs.

Jensen isn’t just another CEO. He’s been the face of Nvidia and pretty much the entire AI boom. Investors are used to hearing him talk about the future of AI. Now they have to wonder how much of this mess follows him into the boardroom, Congress and the earnings call.

November 11, 17 and 18. Three dates, one CEO, and a whole lot of explaining to do.

Not financial advice.