Nvidia probes whether CEO Huang was target of foreign spying as he admits affair
Nvidia said on Sunday its board was probing whether CEO Jensen Huang had been the target of a foreign intelligence effort, after a media report alleged he had a close relationship with a Chinese businesswoman who passed information to Beijing.
Nvidia's board is investigating whether CEO Jensen Huang was targeted by foreign intelligence, following media reports alleging a close relationship with a Chinese businesswoman, Alice Huang, who US authorities deemed a Chinese intelligence asset. Huang admitted to infidelity and taking responsibility for his actions, while Nvidia stated he remains committed to leading the company without interruption.
The company initiated an independent investigation, overseen by a committee of independent directors and outside counsel, to examine all available information. Despite no evidence of compromised US national security or Nvidia secrets, the investigation adds pressure to Nvidia's stock, which has fallen amid concerns about the sustainability of the AI boom.
Huang expressed regret for his actions and pledged to regain trust, while analysts warned of potential congressional inquiries and intensified scrutiny over selling chips to China.
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Also reported by 5 other outlets
- Nvidia probes whether CEO Huang was target of foreign spying as he admits affair dailymaverick.co.za
- 'I Was Unfaithful To My Wife': NVIDIA CEO Jensen Huang Admits Extramarital Affair As Board Launches Independent Probe Into Reported China Spy Links freepressjournal.in
- Nvidia probes whether CEO Huang was target of foreign spying as he admits affair koreatimes.co.kr
- Nvidia CEO Jensen Huang Admits Affair with Suspected Chinese Spy world.kbs.co.kr
- Trump defends Nvidia CEO amid Chinese spying allegations aljazeera.com