Nvidia's board opens investigation into reports CEO Jensen Huang was targeted by alleged Chinese spy effort
Summary
Nvidia's board said on Sunday that it would launch an independent investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence effort. France 24 reports that The New York Times said Huang had an affair with an executive whom US intelligence believed was gathering information for Beijing. Sky News and the Financial Times report that Huang admitted to the affair, and CNBC reports that he told Nvidia staff in an email and that the board opened an investigation into allegations that the woman is a Chinese spy. Huang will remain CEO during the inquiry and has pledged cooperation. Nvidia's shares fell as scrutiny turned to his relationship: CNBC reports a drop of about 4%, while Seeking Alpha and Investing.com also report a decline, and France 24 says the shares tumbled early Monday. CNBC reports that the Nasdaq defied the Nvidia impact. NDTV reports that China has dismissed claims of a spy plot targeting Huang. The articles do not confirm which agencies are involved or the scope of the review.
Timeline
Investing.com
Source ↗Investing.com reports that Nvidia launched a probe after a report that CEO Jensen Huang was the target of foreign intelligence.
Sky News
Source ↗Sky News reports that the chief executive admitted having an affair while Nvidia investigates reports that he was targeted by a foreign intelligence effort.
CNBC
Source ↗CNBC reports that Huang told Nvidia staff in an email that he had an affair and that the board opened an investigation into allegations that the woman is a Chinese spy.
Seeking Alpha
Source ↗Seeking Alpha reports that Nvidia shares fell as the company opened a review into an alleged Chinese spy effort targeting Huang.
France 24
Source ↗France 24 reports that Nvidia's board said it would investigate reports that Huang was targeted by a foreign intelligence operation, and that Huang will remain CEO and has pledged cooperation.
Investing.com
Source ↗Investing.com reports that Huang admitted to an affair and that shares dropped as the board launched an investigation into a reported espionage plot targeting him.
NDTV
Source ↗NDTV reports that China has dismissed claims of a plot to ensnare Huang, while Nvidia said it would launch an investigation.
CNBC
Source ↗CNBC reports that the Nasdaq defied the Nvidia impact as Huang faces a probe into his alleged affair with a suspected Chinese spy.
Financial Times
Source ↗The Financial Times reports that Nvidia shares fell as the board opened an investigation after Huang admitted to an affair.
France 24
Source ↗France 24 reports that Nvidia shares tumbled early Monday after the company launched an investigation, following a media report that Huang had a close relationship with a Chinese businesswoman who allegedly passed information to Beijing.
CNBC
Source ↗CNBC reports that Nvidia's board launched an independent investigation after reports that Huang was the target of a foreign intelligence effort, and that the stock fell about 4%.

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