In section CEO World
Nvidia’s board has opened an investigation into reports that CEO Jensen Huang was targeted by a foreign intelligence effort involving Alice Huang, a former executive at a Singapore-based data center company, The Wall Street Journal reports. U.S. officials concluded last year that she was sharing information with the Chinese government, according to the newspaper.
Alice Huang, who is not related to the Nvidia chief, was a top executive at Megaspeed International, which partnered with Nvidia. The board said it has no reason to believe company secrets or national security were compromised.
A committee of independent directors will lead the investigation with outside counsel. Jensen Huang will remain CEO while it proceeds.
On Sunday, Huang apologized to staff for being unfaithful to his wife. “I owe my family and all of you an apology,” he wrote. “There is no excuse for what I did.” The affair and the reported intelligence concerns have drawn scrutiny to the head of a $4.5 trillion company and one of President Trump’s closest tech allies. Lawmakers from both parties are calling for answers.
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