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Nvidia probes whether CEO Huang was target of foreign spying as he admits affair

Nov 8 (Reuters) - Nvidia NVDA.O 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 probes whether CEO Huang was target of foreign spying as he admits affair

Nvidia's board is investigating whether CEO Jensen Huang may have been a victim of foreign intelligence efforts, following media reports alleging a close relationship with a Chinese businesswoman suspected of passing information to Beijing. Huang admitted to being unfaithful to his wife in a message to employees and accepted full responsibility for his actions.

Despite this, Nvidia stated that they have confidence in Huang's leadership and he remains committed to continuing his role without interruption. The investigation will be overseen by a committee of independent directors assisted by outside counsel. Nvidia's shares have already fallen sharply amid concerns about the sustainability of the AI boom, and the investigation may add further pressure on the company's stock.

Written by urgent.news from Daily Maverick's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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