Nvidia Board Probes CEO Jensen Huang Over Affair With Alleged Chinese Spy

Nvidia's board of directors has initiated an independent investigation into Chief Executive Officer Jensen Huang following his admission of an extramarital affair. The probe focuses on claims that the executive was targeted by a foreign intelligence operation, though Nvidia stated it has no reason to believe that corporate secrets or national security were compromised.

The controversy follows warnings drafted by US officials regarding Huang's relationship with Alice Huang, also known as Huang Le. She is an executive at Singapore-based Megaspeed, a cloud customer of Nvidia that constructs data centers across Southeast Asia and supplies compute power to Chinese technology firm Alibaba.

In a company-wide message, Jensen Huang apologized to his family and employees, expressing remorse and stating there was no excuse for his actions. He plans to remain in his position as CEO while fully cooperating with the board's ongoing review.

Prominent Wall Street investors have voiced public support for Huang, emphasizing his role in leading the semiconductor giant. Despite the company's previous denials of the relationship to media outlets, analysts note that the situation could trigger shareholder lawsuits and draw scrutiny from the US Congress regarding corporate oversight.