Summary
Nvidia said its independent directors, assisted by outside counsel, will investigate CEO Jensen Huang’s relationship with a woman whom a New York Times report described as linked to an alleged Chinese intelligence effort. The company said it has no reason to believe national security or Nvidia’s secrets were compromised, and Huang will remain CEO during the inquiry.Key Facts
- Nvidia announced the investigation on Sunday.
- Huang told Nvidia staff that he had an extramarital relationship and apologized to his wife and children.
- The woman, identified in the report as Alice Huang, or Huang Le, is not related to Jensen Huang.
- The New York Times reported that Alice Huang sought close ties with Jensen Huang to obtain information about Nvidia technology.
- Nvidia said its board would examine available information and still had confidence in Huang and his leadership team.
- The Chinese Embassy in Washington denied allegations of spying in the case.
- Republican lawmakers in the House called on Huang to testify before Congress on November 18.
- The article reports that Alice Huang’s employer, Megaspeed, bought about $4.8 billion in equipment from Nvidia.
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