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Nvidia to probe reports that Chinese intelligence targeted CEO Jensen Huang

Nvidia to probe reports that Chinese intelligence targeted CEO Jensen Huang

Summary

Nvidia’s board will investigate reports that CEO Jensen Huang was targeted by a foreign intelligence operation linked to Beijing. The board said it has no reason to believe national security or company secrets were compromised; Huang will remain CEO and cooperate with the review.

Key Facts

  • The New York Times reported that Huang had an intimate relationship with an executive whom U.S. intelligence believed was gathering information for Beijing.
  • The executive was identified as Alice Huang, a Chinese citizen and chip buyer; the report said the two are not related.
  • Alice Huang previously worked as a television reporter in China and later became a senior executive at Singapore-based data center company Megaspeed.
  • Megaspeed bought more than $4.8 billion worth of Nvidia chips over the past two years, according to The New York Times.
  • Nvidia’s board said its investigation will examine available information and that Huang supports the review.
  • U.S. intelligence agencies reportedly determined that Alice Huang was providing information directly to Beijing.
  • President Donald Trump said on October 31 that the administration would look into the matter; Secretary of State Marco Rubio declined to comment Sunday.
  • Nvidia reported quarterly profits of $59.69 billion in August, according to the article.
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