Nvidia board hires Wachtell Lipton to probe CEO Jensen Huang’s ties to alleged Chinese spy
Briefing by News4U · First published
Nvidia’s independent directors hired Wachtell, Lipton, Rosen & Katz partner Joon Kim to lead an internal investigation into CEO Jensen Huang’s relationship with Alice Huang, a Chinese businesswoman alleged to be a spy for Beijing who helped move about 240,000 restricted H100, H200 and A100 chips worth $7.5 billion into China. The scandal has erased $430 billion in Nvidia’s market value over two sessions. Huang told employees he was unfaithful to his wife but denied knowing Alice Huang was a spy; the company said its board has no reason to believe national security or company secrets were compromised. [1] [2]
Sources
- Nvidia faces scrutiny over China chip ties, CEO affair
RTÉ Business · · Full text
- Nvidia hires leading US law firm to investigate Jensen Huang’s relationship
The Guardian · · Full text