Nvidia has hired a law firm to investigate Jensen Huang's personal affairs
Nvidia has hired the law firm Wachtell, Lipton, Rosen & Katz to investigate reports that CEO Jensen Huang had an affair with a woman accused of spying for China. The company's board retained Joon H. Kim to lead the independent probe. Nvidia shares have lost approximately $500 billion in market value since Friday.
- Nvidia hired a US law firm to investigate allegations about CEO Jensen Huang's relationship with a woman accused of spying for China.
- Jensen Huang admitted to a romantic relationship with a woman outside his marriage.
- Nvidia's independent board retained Joon H. Kim and his firm to conduct an investigation.
- Nvidia's board stated there was no reason to believe trade secrets or national security were compromised.
- The US government believes the woman, Alice Huang, is spying for China.
- Nvidia's shares lost about $500 billion in market value since Friday.
- China's foreign ministry stated the allegations were intended to smear and malign China.
Outlets: Business Standard, Capital FM Kenya, El Financiero, International: Top News And Analysis, La Tercera, MyJoyOnline, NBC News, POLITICO Europe, Telex (Kulfold), The Guardian (China), The Hill, The Korea Herald, Times of India (Top), n-tv
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