Nvidia board probes CEO's affair with alleged Chinese spy

Nvidia CEO Jensen Huang disclosed an affair with a woman identified by US authorities as a Chinese spy, prompting a board investigation into potential national security risks and implications for the AI sector. The board is forming a committee of independent directors with outside counsel to investigate, while Huang has apologized and pledged cooperation. Nvidia's code of conduct requires disclosure of conflicting personal relationships, and the company says no secrets were compromised. Huang owns only 3.4% of Nvidia, leaving him vulnerable to removal, and has no clear successor. Nvidia shares fell up to 8.8% on Monday as investors assessed the scandal's broader impact.