Nvidia board investigates CEO Huang over Chinese spy claims

Nvidia board launches spy investigation

Nvidia's board of directors announced Sunday it is launching an independent investigation following reports that CEO Jensen Huang was targeted by a Chinese spy operation.

Huang admits affair with Megaspeed executive

Nvidia published a message from Huang admitting he had an affair with Alice Huang, a former executive at Singapore-based chip company Megaspeed, without naming her.

Huang apologises to family and company

Huang wrote: I owe my family and all of you an apology. I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did.

“I owe my family and all of you an apology. I was unfaithful to my wife.”

Alice Huang allegedly recruited by China

A memo circulating among U.S. policymakers claimed that Alice Huang had been recruited by China's Ministry of State Security to spy on Nvidia's CEO.

Board says no secrets were compromised

Nvidia's board said it has no reason to believe that either national security or company secrets were compromised. Huang fully supports the review and has committed to cooperating.

Investigation by independent directors underway

The investigation will be conducted by independent directors working with outside legal counsel. The board expressed confidence in Jensen and his leadership team.