Nvidia probes whether CEO Huang was target of foreign spying as he admits affair

Nvidia’s board has opened an independent inquiry into whether chief executive Jensen Huang was targeted by a foreign intelligence operation, Business Recorder reported. The move followed media allegations linking Huang to a Chinese businesswoman whom US authorities reportedly identified as an intelligence asset. Huang also told employees he had been unfaithful to his wife and accepted responsibility for his actions.

Nvidia said its directors had no reason to think US national security or company information had been compromised, and said Huang would continue in his role while cooperating with the review. The inquiry adds pressure as Nvidia shares have surrendered their gains for the year amid investor concerns over the durability of AI spending. Analysts cited in the report said uncertainty over Huang’s position could weigh on investor sentiment, given his central role in the company.