FBI investigates Nvidia’s CEO over alleged Chinese spying
Nvidia shares fell following Jensen Huang’s admission of infidelity with an executive tied to Chinese intelligence. The FBI is investigating the CEO of Nvidia’s affair with an alleged Chinese spy, US President Donald Trump said, widening the fallout from the scandal engulfing the world’s biggest chipmaker. Nvidia shares fell following Jensen Huang’s admission of infidelity with an executive tied to Chinese intelligence, while lawmakers in a soon-to-be Democrat-controlled Congress have pledged investigations into the episode, and the US Commerce Department has reportedly begun readying a new set of semiconductor export controls. Pressure is mounting on Huang, but he appears unlikely to lose his job, at least for now: Trump has publicly backed the executive, and Nvidia is highly dependent on him, with no clear successor in view and a board that is relatively low on heft.
Nvidia shares fell following Jensen Huang’s admission of infidelity with an executive tied to Chinese intelligence. The FBI is investigating the CEO of Nvidia’s affair with an alleged Chinese spy, US President Donald Trump said, widening the fallout from the scandal engulfing the world’s biggest chipmaker. Nvidia shares fell following Jensen Huang’s admission of infidelity with an executive tied to Chinese intelligence, while lawmakers in a soon-to-be Democrat-controlled Congress have pledged investigations into the episode, and the US Commerce Department has reportedly begun readying a new set of semiconductor export controls.
Pressure is mounting on Huang, but he appears unlikely to lose his job, at least for now: Trump has publicly backed the executive, and Nvidia is highly dependent on him, with no clear successor in view and a board that is relatively low on heft.