Nvidia CEO Jensen Huang faces spy scandal as shares drop 5%
cnn.com —
Nvidia CEO Jensen Huang faces a corporate scandal after his board hired a law firm to investigate whether he was targeted by a foreign intelligence effort, threatening his legacy and sending shares down over 5% this week. The allegations stem from Huang's relationship with a woman US officials say is a Chinese asset, prompting federal calls for investigations and potential export restrictions. Huang has accepted responsibility, while analysts question his future as CEO given no clear succession plan exists. Huang, who built Nvidia from a 1993 Denny's idea into a $4 trillion company, has long credited suffering for his character. His 98% employee approval rating and iconic status among investors may face their toughest test yet.