Nvidia CEO Jensen Huang faces board probe over affair with suspected Chinese spy

Nvidia CEO Jensen Huang has apologized to employees after admitting to an affair with a suspected Chinese spy, prompting a board investigation into the relationship and its potential impact on the $4-trillion chipmaking giant. The board stated it believes no company secrets or national security were compromised, while China dismissed the allegations as a smear campaign. The scandal has rattled investors, with Nvidia’s share price falling about 5% to roughly $177, and raised questions about succession plans. Huang, a married father of two, built Nvidia from a 1993 Denny’s diner startup into an AI powerhouse, partnering early with OpenAI. Analysts say he is unlikely to be ousted, but the affair could undermine confidence in his judgment as the U.S. competes with China in the AI race.