Nvidia launches probe into CEO Jensen Huang over alleged China spy affair
Briefing by News4U · First published
Nvidia’s board launched an independent investigation after CEO Jensen Huang admitted an extramarital affair with Alice Huang, a former Megaspeed executive US intelligence agencies believe was recruited by Beijing to gather information and influence export-control policy. The company said it has no evidence that national security or trade secrets were compromised. Shares fell more than 4% at the open while broader indexes rose; analysts doubt Huang will be removed. President Trump, Elon Musk and investors voiced support, and China called the spying claims baseless. [1] [2] [3] [4] [5] [6] [7]
Sources
- Nvidia’s Stock Price Drops After Investigation Into CEO Jensen Huang
NY Times · · Summary only
- Jensen Huang Puts $200 Billion Dent in Nvidia’s Stock Price
Bloomberg · · Summary only
- Nvidia fallout: chipmaker faces extensive risks after CEO affair, analysts and lawyers say
SCMP Business · · Summary only
- Nvidia shares slump amid investigation into CEO Jensen Huang
Al Jazeera · · Full text
- Silicon Valley and Trump rally behind Nvidia CEO after his affair with alleged Chinese spy
The Guardian · · Full text
- Nvidia shares tumble after spy probe announced
France 24 English · · Excerpt
- Jensen Huang’s affair with alleged Chinese spy puts Nvidia’s China ambitions under scrutiny
TechCrunch · · Full text