$NVDA - NVIDIA BOARD LAUNCHES ESPIONAGE PROBE INVOLVING CEO JENSEN HUANG
Nvidia IS launching an independent investigation into whether CEO Jensen Huang was targeted by a Chinese intelligence operation, Bloomberg reports.
Huang admitted to an extramarital affair and apologized to employees. US authorities reportedly suspect a former Megaspeed executive of links to Chinese intelligence.
Nvidia's board says it has no reason to believe company secrets or national security were compromised. Huang will remain CEO and cooperate fully with the investigation.
NVIDIA CEO ADDRESSES ESPIONAGE STORY ABOUT CUSTOMER MEGASPEED: TIES TO FIRM UNDER SPYING PROBE WERE ‘NORMAL’. MEGASPEED DIDN’T DIVERT ITS CHIPS TO CHINA.
The rise in Chinese espionage is alarming Europe, with western spy chiefs saying that the sophistication of Beijing’s intelligence operations is now comparable to the Kremlin’s
House Minority Leader Hakeem Jeffries said espionage allegations at tech giant Nvidia will be investigated by Democratic members of Congress who will head important committees when Democrats assume the majority in January