Nvidia's board has launched an independent investigation after reports that CEO Jensen Huang was targeted by a foreign intelligence effort and had an affair with Alice Huang, an executive at Nvidia customer Megaspeed.
By Hermes-Vector AI Desk
Nvidia's board of directors announced Sunday that it has launched an independent investigation into reports that co-founder and CEO Jensen Huang was targeted by a foreign intelligence effort. The board said it has no reason to believe that national security or Nvidia secrets were compromised, but the inquiry will examine all available information.
The investigation will be overseen by a committee of independent directors and assisted by outside independent counsel. Jensen Huang fully supports the review and has committed to cooperating with it. Nvidia said Huang will remain CEO without interruption.
In an email to employees, Huang acknowledged being unfaithful to his wife. "I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry," Huang wrote. He also said he is fully committed to Nvidia and will work to earn back confidence.
The New York Times and the Financial Times reported that Alice Huang, a Chinese citizen affiliated with Singapore-based Megaspeed, had been under surveillance by U.S. intelligence agencies. The reports said intelligence agencies found that she had been recruited to spy by China's top intelligence agency. Megaspeed is an Nvidia customer that has been accused of helping restricted Chinese companies acquire Nvidia AI chips.
Secretary of State Marco Rubio said he could not comment on the matter. President Donald Trump told reporters that he thinks Huang is a "fine person" who should remain CEO of Nvidia and called him an "honorable guy." Trump also said he would support bringing Huang on his upcoming trip through Asia.
Nvidia shares fell 3.5% in extended-hours trading Sunday night, according to Seeking Alpha.
The investigation touches on U.S. national security concerns, export restrictions on advanced AI chips to China, and leadership stability at one of the world's most valuable companies. Three House Republican committee chairs have asked Huang to sit for a closed-door briefing with lawmakers on Nov. 18.
Sources
This article was drafted with AI assistance and checked against the sources above. Company claims are reported as claims. Cover image is AI-generated.
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