Nvidia board probes whether CEO Huang was target of Chinese intelligence

· Finance · United States · China

Nvidia's board has opened an independent investigation after CEO Jensen Huang told employees he had an extramarital affair with a female executive whom US intelligence suspects was recruited by a Chinese intelligence agency. Huang said in an email to staff that he was cooperating fully, apologized for being unfaithful to his wife and said he hopes to earn back the trust of his family and colleagues. He will remain in his role while the inquiry runs. The company said it is examining whether Huang was the target of a "foreign intelligence effort." Analysts cited by press reports say the matter could weigh on Nvidia's stock and adds uncertainty to the broader AI trade, and Asian equities were being watched with the probe looming over the chipmaker.

Why it matters:The probe raises governance and national-security questions around the chief executive of the world's most valuable chipmaker, whose stock is a bellwether for the global AI trade.

Key points

  • Huang disclosed the affair in an email to Nvidia staff and said he is cooperating fully with the board's inquiry.
  • US intelligence suspects the executive was recruited by a Chinese intelligence agency.
  • Huang stays in his role while the independent investigation proceeds.

Sources (original reporting)

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