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Nvidia investigates CEO Jensen Huang over affair with suspected Chinese spy
Nvidia's board is investigating CEO Jensen Huang after he admitted an affair with a woman US intelligence suspects of working for China. Shares fell more than 4%, wiping out about $200 billion in value. Trump said the FBI is looking into it, and that Huang told him he did not know she was a spy. Shareholders have sued. China rejects the claims as slander. Analysts point to risk because Huang has no clear successor.
Why it matters
The scandal tests US-China tech tensions and the future of the world's leading AI chipmaker.
Background
Nvidia designs the chips that power most advanced AI. Huang co-founded it in 1993 and is close to Trump.
The story so far
- Nvidia CEO's contact reported as Chinese asset
- Nvidia opens investigation into CEO Jensen Huang
- Nvidia investigates CEO Jensen Huang over affair with suspected Chinese spy
- Nvidia chief faces FBI probe and lawsuit over alleged spy ties
- Nvidia board weighs ousting CEO Jensen Huang; shares plunge
- Nvidia board weighs future of CEO Jensen Huang after reports of affairs
Sources
- BBC News ↗Nov 9, 7:34 PM ET
- France 24 ↗Nov 9, 7:22 PM ET
- CBS News ↗Nov 9, 7:27 PM ET
This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.