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Nvidia CEO Huang admits affair with Chinese spy, company launches probe

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Core Development: Nvidia CEO Huang admits affair with Chinese spy, company launches probe
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Market & Financial Impact: Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday. The announcement came after Huang acknowledged to the board that he had been ...
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Nvidia Corp. Chief Executive Officer Jensen Huang | Image Credit: Bloomberg

Nvidia is opening an investigation into reports that CEO Jensen Huang was the "target of a foreign intelligence effort," the company's board of directors said Sunday.

The announcement came after Huang acknowledged to the board that he had been intimate with a business executive whom, according to The New York Times, US intelligence determined was gathering information for Beijing.

In a letter to Nvidia employees obtained by The Associated Press, Huang said he had been unfaithful to his wife and apologized to his family and colleagues. He said he took "full responsibility" for his actions.

"Leading Nvidia is the privilege of my life," Huang wrote. "My responsibility is to serve you and be worthy of your trust. I have fallen short of that responsibility." Nvidia's board said it has "no reason to believe" that either national security or Nvidia secrets were compromised, but that its inquiry would examine all available information. Huang "fully supports the review and has committed to cooperating with it," the board said.

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Official Publisher Attribution: This report is aggregated from Business Standard. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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