Nvidia investigates CEO Jensen Huang over alleged Chinese spy links
In a separate message to Nvidia employees, published on the company's newsroom on 8 November, Huang acknowledged being unfaithful to his wife and apologised to his family.
"I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry," he wrote.
Huang said he took responsibility for his actions and acknowledged the criticism that would follow. He also expressed support for the board's investigation, committing to cooperate fully with the review.
The CEO further reaffirmed his commitment to Nvidia, saying he would continue leading the company while supporting US national security.
In a statement on 8 November, Nvidia said a committee of independent directors, assisted by external independent legal counsel, would oversee the investigation.
The board said it had no reason to believe that US national security or Nvidia's trade secrets had been compromised, but that the inquiry would examine all available information.
It also expressed confidence in Huang and his leadership team.
Alleged links to Chinese intelligence
The investigation follows concerns raised by US officials over Huang's relationship with Alice Huang, an executive at Singapore-based technology company Megaspeed. The two are not related.
US intelligence officials reportedly suspect Alice Huang of gathering information for China. She has also been linked to allegations involving the movement of advanced AI chips to China, despite US export restrictions.
Huang did not identify the person involved in his affair in his note to staff.
The allegations have raised questions about potential national security risks and the possibility of sensitive company information being exposed.
Nvidia said the investigation would establish whether any such information had been compromised.
Nvidia shares fall
The controversy has also weighed on Nvidia's share price.
The company's shares fell on Monday, 9 November, as investors assessed the implications of the investigation and uncertainty surrounding Huang's position.
Huang co-founded Nvidia in 1993 and has led the company through its transformation into a central player in the global artificial intelligence industry.
An Nvidia spokesperson told CNN that the investigation would not interrupt Huang's leadership.
"Today's news will not slow Nvidia. Jensen is committed to continuing to lead Nvidia as CEO without interruption," the spokesperson said.
