What Happened
Chipmaker Investigates Jensen Huang Amid Affair And Security Concerns
Nvidia’s board is investigating whether CEO Jensen Huang was the target of a foreign intelligence effort, following allegations of a close relationship with a Chinese businesswoman who passed information to Beijing. Huang admitted to an affair and took full responsibility for his actions, while Nvidia said he was committed to continuing to lead the company. The developments are likely to pressure Nvidia’s stock and raise questions about Huang’s future, according to analysts. The investigation was first reported by Reuters.