NVDA ▼ -3.2% - NVIDIA Corporation $NVDA US Treasury Secretary Scott Bessent questioned Nvidia's (NVDA) compliance with U.S. chip export restrictions and called for a major leadership shakeup, including an outside CEO candidate, amid investigations into alleged chip diversion to China. * Compliance Investigation: Bessent questioned whether Nvidia used shell companies to circumvent export controls and whether any failures reached senior management or the C-suite. He called for determining who knew what, without establishing wrongdoing. * Leadership Shakeup: Bessent called for a "dramatic shakeup" and said Nvidia should look outside the company for its next top executive, according to additional remarks provided from the interview. * Board Accountability: Bessent pointed to Nvidia's independent lead director and newly retained outside counsel as key to establishing the facts. Additional interview remarks attributed to him call for answers within 10 days about Nvidia's compliance culture. * Megaspeed Scrutiny: Fox Business host Larry Kudlow questioned why Singapore-based Megaspeed was never placed on the U.S. Entity List, which restricts exports. Bessent declined to address the Commerce Department's internal decisions. 15-NOV-2026 10:25 AM ET