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CNN: Jensen Huang dreamed up Nvidia at a Denny’s. The spy scandal threatens decades of his life’s work
The board hired Wachtell, Lipton, Rosen & Katz after allegations that a foreign operative targeted Huang, as the scandal sent Nvidia shares down over 5% this week.
- On Tuesday, Nvidia retained New York law firm Wachtell, Lipton, Rosen & Katz to investigate whether CEO Jensen Huang was targeted by a foreign intelligence effort involving a woman U.S. intelligence officials suspect spied for China.
- Jensen Huang admitted to the affair on Sunday, stating he is "committed to protecting Nvidia and supporting America's national security." Former Russian recruit Aliia Roza described the case as a "perfect professional honey trap operation" by Chinese intelligence.
- The scandal has sent Nvidia shares down over 5% this week, though analysts told CNN they do not foresee Huang being toppled. Portfolio manager Michael Monaghan said it would require "James Bond-level stuff" to trigger removal of the founder-CEO.
- China's Ministry of Foreign Affairs spokesperson Guo Jiakun dismissed the allegations on Monday as "purely groundless speculation" and an attempt to malign China. Federal lawmakers are calling for new restrictions on advanced chip exports that could dent Nvidia's business.
- Huang built his company on the motto "our company is 30 days from going out of business," embodying resilience that now faces its greatest test. With no clear succession plan for the $4 trillion company, the scandal threatens to taint his largely positive personal brand.
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By Anna Cooban and Clare Duffy, CNN Nvidia Executive Director Jensen Huang has spent more than three decades building a company that has made it one of the most powerful figures in the technology sector. Now, shocking accusations threaten that legacy, as its board of directors has hired a prestigious firm.
·Panama City, United States
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KITV4 News+2 Reposted by 2 other sources
Jensen Huang dreamed up Nvidia at a Denny’s. The spy scandal threatens decades of his life’s work.
Nvidia CEO Jensen Huang has spent more than three decades building a company that has made him one of the most powerful figures in tech. Now, stunning allegations threaten that legacy, as his board has hired a high-profile law firm…
·Honolulu, United States
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ProtothemaReposted by 
gazzetta.gr
gazzetta.grHis signature black leather jacket, his almost legendary position in the world of technology and a fortune of 155 billion dollars
·Marousi, Greece
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Total News Sources20
Leaning Left1Leaning Right2Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
C 73%
R 18%
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