Nvidia probes CEO Jensen Huang over alleged links to Chinese spy
The company's board of directors launched an independent investigation after reports surfaced regarding Huang's relationship with a suspected intelligence operative.
Nvidia's board of directors has initiated an independent investigation into CEO Jensen Huang following reports that he was the target of a foreign intelligence effort, according to reports from the New York Times, Hindustan Times and New York Post.
The probe follows revelations that US Secretary of State Marco Rubio oversaw a classified memo earlier this year warning top Trump administration officials about Huang's close relationship with Alice Huang. US intelligence believed Alice Huang, a senior executive at Singapore-based Megaspeed International, had been recruited by China's Ministry of State Security to collect information.
Alice Huang's company, Megaspeed, reportedly purchased approximately $2 billion worth of Nvidia products and is being investigated for allegedly smuggling advanced AI chips into China to circumvent US export restrictions.
In an email to employees on Sunday, November 8, Jensen Huang admitted to being unfaithful to his wife and apologised to his family and colleagues. He stated he is fully committed to Nvidia and will work to earn back the confidence of his staff.
The Nvidia board said a committee of independent directors, assisted by outside independent counsel, will oversee the inquiry. While the board stated it has no reason to believe national security or company secrets were compromised, it will examine all available information.
Donald Trump said he did not regret his previous lack of action regarding the matter and stated that Huang should remain as the company's chief executive.
