Nvidia shares slip on spy allegations involving Jensen Huang
US authorities concluded that a woman Huang had a relationship with was a Chinese intelligence asset.
Nvidia's CEO, Jensen Huang, has acknowledged engaging in an affair with a suspected Chinese spy. The company announced on Sunday that it is conducting an investigation into Huang's relationship with Alice Huang, an AI executive believed to be an agent of the Chinese government. In a memo sent to Nvidia employees, Huang apologized for his actions, expressing that he is deeply sorry and acknowledges the pain he has caused his family.
He took full responsibility for his behavior, which he stated hurt his wife and children, and acknowledged that he let them down and damaged their life together. Huang also addressed his colleagues at Nvidia, emphasizing his commitment to the company and his desire to earn back their trust. Regarding the national security concerns raised in news reports, the Board of Directors has initiated an independent investigation, which Huang supports and is willing to cooperate with fully.
He reiterated his love for his country and his commitment to protecting Nvidia and supporting America's national security.
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