Business · India Bureau
Nvidia launches board inquiry after CEO's encounter with Chinese intelligence target
Nvidia's board of directors has initiated an investigation into reports that Chief Executive Jensen Huang was targeted by a foreign intelligence operation. The probe follows Huang's acknowledgment that he had an intimate relationship with a business executive identified by US intelligence as working for Beijing.
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Nvidia announced the internal inquiry on Sunday, stating it has found no evidence that national security or company secrets were compromised in the incident. However, the board said it would examine all available information as part of its comprehensive review. Huang, 63, will continue in his role as CEO throughout the investigation.
Huang apologised to Nvidia's board and acknowledged personal failings in a statement to the company. "I was unfaithful to my wife," he said, according to reports. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."
The Nvidia chief executive has pledged full cooperation with the board's review. The company's directors said in their statement that Huang is "committed to cooperating" with the inquiry process.
US intelligence agencies had previously identified the business executive involved as gathering information for Chinese authorities. The discovery prompted the board's decision to launch the formal investigation into whether Huang or Nvidia were compromised through the relationship. The company said it would provide updates as the review progresses.