Nvidia board hires law firm to probe CEO Jensen Huang's relationship

Nvidia's independent directors have hired law firm Wachtell, Lipton, Rosen & Katz to investigate CEO Jensen Huang's relationship with an executive suspected of working for Chinese intelligence, the company announced Tuesday. The probe, led by former federal prosecutor Jun H. Kim, will determine whether corporate secrets or national security were compromised. It follows Huang's admission of an extramarital affair with Alice Huang, a former executive at Singapore-based cloud provider Megaspeed, and has contributed to a roughly 10% drop in Nvidia's stock since Monday. The investigation coincides with political scrutiny, as reports indicate President Trump was briefed in May about intelligence assessments linking Jensen Huang to the individual, though Trump has denied receiving such warnings. The matter intersects with ongoing national security reviews and semiconductor export policy discussions involving Nvidia.