Nvidia Hires Law Firm Wachtell Lipton to Lead Jensen Huang Affair Probe
Wachtell attorney Joon Kim will lead an independent probe as the FBI examines whether the relationship exposed company secrets or national security risks.
- On Sunday, Nvidia CEO Jensen Huang admitted to an extramarital affair, prompting the NVIDIA Board to retain former acting U.S. Attorney Joon Kim and Wachtell, Lipton, Rosen & Katz to investigate potential national security compromises.
- Reports in The New York Times and Financial Times link the woman involved to a Chinese intelligence operation, while authorities scrutinized Megaspeed for allegedly facilitating restricted chip sales to China.
- Alice Huang, identified by authorities as connected to Megaspeed, is alleged to be a spy for Beijing. The FBI is also conducting its own probe into the matter.
- Investors filed a proposed shareholder class action against Nvidia, and shares fell on Tuesday as investors expressed concern that the investigation could force Huang's departure from the company.
- The NVIDIA Board stated it retains confidence in Jensen and his leadership as the investigation continues. The probe will determine whether Huang's conduct compromised corporate secrets or national security regarding Nvidia's restricted chip exports.
40 Articles
40 Articles
New York, Nov 10 (EFE).- Chip maker Nvidia released on Tuesday that he commissioned an independent investigation into the extramarital relationship of his founder and executive director, Jensen Huang, with an alleged Chinese spy to a former federal prosecutor and the well-known law firm in which he works. “Independent members of the Nvidia board have hired former interim New York District prosecutor Joon H. Kim and his firm Wachtell, Lipton, Ros…
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