17:10 - 13.11.2026

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November 13, Fineko/abcnews. Chinese artificial intelligence shares tumbled on Friday amid investor fears that Jensen Huang's resignation as Nvidia CEO following a spy scandal will prompt Washington to further restrict China's access to advanced US chips.

Shares of Chinese AI model developers Z.AI and MiniMax Group plunged 12% and 8.4% respectively, while US-reliant data center suppliers Zhongji Innolight and Eoptolink Technology slumped more than 8%.

US House Speaker Mike Johnson noted a growing consensus in Congress to limit chip exports to China, as lawmakers push for at least four bills—including measures to block Chinese firms from renting overseas data centers to access Nvidia processors—ahead of Huang's expected congressional testimony before November 26.