Nvidia Inquiry: CEO Jensen Huang Targeted by Chinese Intelligence

Nvidia’s board of directors announced on Sunday that the company is conducting an internal investigation. The inquiry will examine reports that CEO Jensen Huang was the target of a foreign intelligence effort. The review is currently underway to assess all available information.

The probe follows Huang’s admission to the board regarding his personal conduct. He disclosed a relationship with Alice Huang, a Chinese citizen and business executive. U.S. intelligence agencies determined that she was gathering information for Beijing. The two parties are not related.

In a message to employees, Huang addressed the situation directly. “I was unfaithful to my wife,” he stated. “My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry.”

The board issued a statement clarifying its current findings. It said it has no reason to believe that national security or company secrets were compromised. The group noted that Huang fully supports the review and has committed to cooperating with the process. Huang, 63, will continue to serve as CEO while the investigation proceeds.

U.S. intelligence agencies first identified the relationship last month. They found that Alice Huang had developed a close bond with the Nvidia chief. Her professional background includes working as a television reporter in China before joining Megaspeed. She now holds a top executive position at the Singapore-based data center firm.

Megaspeed has become a major customer for Nvidia in Southeast Asia. The company purchased more than $4.8 billion worth of Nvidia chips over the past two years. The board’s inquiry will look at how these interactions intersect with the company's business operations.