Nvidia preps exit strategy for Jensen Huang as Trump Administration is warned to preserve documents about its knowledge of spying and chip smuggling

Good morning. On Fortune’s radar today:

• Nvidia board preps exit for Jensen Huang.
• Huang’s affair with a subordinate was caught on video.
• We have a list of Huang’s possible replacements.
• Congress preps probe of White House, chip exports, and Chinese spying.
• Markets: A divided house.
• AI’s $1 trillion annual cash transfer between buyers and suppliers.
• The “misery index” rises.
• This Cisco exec will walk out of meetings if staff use too many corporate acronyms.

This story was originally featured on Fortune.com