Foreign intelligence investigation regarding Nvidia CEO Jensen Huang
Nvidia has launched an investigation into CEO Jensen Huang's relationship with Megaspeed executive Alice Huang and whether he has been targeted by foreign intelligence.
Nvidia is investigating whether CEO Jensen Huang has been targeted by foreign intelligence due to his relationship with Megaspeed executive Alice Huang, who is alleged to have been recruited by China's Ministry of State Security.
Nvidia is investigating whether co-founder and CEO Jensen Huang was targeted by foreign intelligence following his relationship with Alice Huang, an executive at Megaspeed—a company with Chinese military ties that made a $4.8 billion chip purchase. While China has denied the allegations, Jensen Huang admitted to infidelity and took responsibility in an email sent to his family and colleagues.
Following security concerns brought to light in a memo overseen by U.S. Secretary of State Marco Rubio, Nvidia shares fell by about five percent. While Nvidia spokesperson John Rizzo stated in an initial remark that Huang's contacts were consistent with client meetings, the company launched an internal investigation into the matter.