Nvidia on Tuesday said it hired a prominent US law firm to investigate allegations surrounding a relationship between its chief executive Jensen Huang and a woman accused of spying for China, as the matter draws scrutiny from US lawmakers and the FBI.The company said that New York-based Wachtell, Lipton, Rosen & Katz (WLRK) would lead the inquiry, with attorney Joon Kim overseeing what it described as a “thorough and independent investigation”, BBC reported.The FBI is conducting a separate probe.Huang, who co-founded Nvidia, has acknowledged having a romantic relationship outside his marriage. The woman, Alice Huang, also known as Huang Le, is alleged to be a Chinese spy. She is not related to the Nvidia chief.The company's shares have fallen close to a one-year low, wiping about $500 billion (£375 billion) off its market value since Friday.Nvidia is a major player in the artificial intelligence (AI) boom and the world's second most valuable company after Apple. Its chips are central to the development of AI tools and have become a national security concern for US officials seeking to maintain an edge over China in the technology race.Alice Huang was an executive at Singapore-based Megaspeed, a company that has been a customer of Nvidia.
Nvidia hires top US law firm to investigate affair between CEO Huang and Chinese spy
Nvidia has engaged the law firm Wachtell, Lipton, Rosen & Katz to probe allegations against CEO Jensen Huang, who is implicated in a case involving a suspected Chinese spy named Alice Huang. While Jensen has acknowledged a personal relationship with Alice, he firmly denies any involvement in espionage. The FBI has also launched a separate investigation, but Nvidia reassures all stakeholders that trade secrets and…
In brief
Nvidia on Tuesday said it hired a prominent US law firm to investigate allegations surrounding a relationship between its chief executive Jensen Huang and a woman accused of spying for China, as the matter draws scrutiny from US lawmakers and the FBI.The company said that New York-based Wachtell, Lipton, Rosen & Katz (WLRK) would lead the inquiry, with attorney Joon Kim overseeing what it described as a “thorough and independent investigation”, BBC reported.The FBI is conducting a separate probe.Huang, who co-founded Nvidia, has acknowledged having a romantic relationship outside his marriage.
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