Nvidia CEO Admits to Affair with Woman Suspected of Being Spy for China
The board will conduct an independent investigation into potential national security risks, while Nvidia shares fell 4.2% on investor concerns.
- On Sunday, Nvidia Chief Executive Officer Jensen Huang admitted to the board of an affair with Alice Huang, an alleged Chinese spy, prompting directors to launch an independent investigation.
- Nvidia shares fell nearly 9% shortly after the market opened Monday following the revelation, though the stock was down 4.2% by 10:37 a.m. as some investors saw the dip as a buying opportunity.
- United States President Donald Trump defended the executive, calling him an "honorable man" and stating he should remain as CEO, despite having not personally spoken with Huang regarding the matter.
- "The Board's inquiry will examine all available information," directors stated, adding they have no reason to believe national security or Nvidia secrets were compromised by the executive's conduct.
- While the 63-year-old Huang remains singularly credited with Nvidia's recent success, it is unclear if the company has a succession plan in place, though there is no expectation of his retirement anytime soon.
38 Articles
38 Articles
Jensen Huang, boss of the American giant Nvidia, admitted to cheating on his wife with Alice Huang, suspected of being a spy operating for China.
Nvidia in turmoil as China denies spying claims
Nvidia shares tumbled this Monday after the AI chipmaking giant said it would investigate its CEO's affair with a suspected Chinese spy. There are concerns Jensen Huang was targeted by a foreign intelligence effort following a media report that he had a close relationship with a Chinese businesswoman who allegedly passed information to Beijing. China, meanwhile, has slammed the spying allegations as a "smear campaign".
Nvidia CEO Jensen Huang has admitted to having a relationship with a person suspected of spying for China.
(Washington = Yonhap News) Correspondent Hong Jeong-gyu = U.S. President Donald Trump [criticized] Nvidia CEO Jensen Huang, who had an affair with a woman suspected of being a Chinese spy...
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