The fallout of Nvidia’s spying scandal
3 Articles
3 Articles
Nvidia's board of directors launched an independent investigation on Sunday after it emerged that CEO Jensen Huang had a close relationship with a Chinese businesswoman, whom US authorities have linked to Chinese intelligence services. Huang admitted in a letter to company employees that he had been unfaithful to his wife and took full responsibility for the affair. The woman in question is Alice Huang, a manager at Singapore-based Megaspeed, a …
Nvidia is going through one of the most serious crises in its recent history, after confirming a marital scandal with suspicions of espionage in favour of China, involving the director general, Jensen Huang. Shareholders have opened a collective process in which they are accused of being misled. The strike was immediately seen on the stock exchange, where Nvidia lost about $190 billion in market capitalization, according to a Reuters estimate.
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