From CNBC · Kif Leswing · · 1m
Nvidia hires law firm to probe Huang affair
Nvidia's board appoints Wachtell Lipton to investigate CEO Jensen Huang over an affair with a woman connected to Chinese intelligence and potential security breaches.
In brief
Nvidia's board appoints Wachtell Lipton to investigate CEO Jensen Huang over an affair with a woman connected to Chinese intelligence and potential security breaches. Nvidia's board hired law firm Wachtell Lipton to investigate CEO Jensen Huang after he admitted to an affair with a woman reportedly connected to…
Board launches formal investigation
Nvidia's board hired law firm Wachtell, Lipton, Rosen & Katz on Tuesday to investigate CEO Jensen Huang over whether company secrets or national security was compromised.
Huang admits to affair with intelligence link
On Sunday, Huang admitted to having an affair with a woman who has been connected to Chinese intelligence by reports in The New York Times and Financial Times.
Stock falls as investors fear leadership loss
Nvidia shares are down six percent on Tuesday as investors worry the investigation and scandal could result in Huang, its co-founder and CEO, leaving the company.
Here's the gist
Nvidia's board hired law firm Wachtell Lipton to investigate CEO Jensen Huang after he admitted to an affair with a woman reportedly connected to Chinese intelligence.
