The affair and the investigation
Huang, who co-founded Nvidia and has served as president and CEO since its inception in 1993, admitted to employees that he cheated on his wife, Lori, whom he married in 1985. The couple has two children.
"I was unfaithful to my wife," he told his employees, according to a report. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."
Nvidia’s board announced it launched a probe into whether Huang was a "target of a foreign intelligence effort." The board said it still has "confidence in Jensen and his leadership team."
"The Board prioritizes US national and economic security, which is paramount to the interests of NVIDIA and its shareholders," the company stressed.
"While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board’s inquiry will examine all available information," it added of the probe, which will be conducted by independent counsel and directors.
"Jensen fully supports the review and has committed to cooperating with it."