Nvidia's board opens an independent investigation into CEO Jensen Huang
Nvidia's board announced Sunday an independent investigation, run by a committee of independent directors with outside counsel, after CEO Jensen Huang told employees he had an affair with a business executive whom U.S. intelligence reportedly concluded was gathering information for Beijing. The board says it has "no reason to believe that either national security or Nvidia secrets were compromised" and that it has confidence in Huang, who remains CEO. China called the allegations "groundless speculation." The Republican chairs of three House committees asked Huang to attend a closed-door briefing on November 18.
The day's 5 biggest stories, verified, free by email
▶ Watch the 90-second briefing (story 1 of 5) 🔔 Get 6 AM & 5 PM alerts
Why it matters
Nvidia is at the center of the AI stock boom, and its board says Huang remains CEO while independent directors review whether company secrets or national security were affected. Congressional committees have asked Huang for a closed-door briefing, and investors were weighing the news as markets opened in Asia.
What to watch
The Republican chairs of three House committees asked Huang to attend a closed-door briefing on November 18.
How each side sees it
Sources
- The San Francisco Standard: Nvidia launches probe as Jensen Huang admits affair
- The National: Nvidia opens probe into Jensen Huang affair
- AP via News4JAX: Asian markets bounce back (Nvidia investigation)
- Al Jazeera: Asian stock markets climb after earlier tech rout
- Axios via Yahoo News: Congress will investigate
Also in this edition
Get the catch-up in your inbox
The same fact-checked briefing, sources included, at 6 AM and 5 PM Central. No spin, no spam — unsubscribe anytime.
We only use your email to send the briefing.
