Nvidia Hires Law Firm to Investigate CEO Jensen Huang's Alleged Spy Link

Nvidia has hired the US law firm Wachtell, Lipton, Rosen & Katz to independently investigate allegations that its CEO Jensen Huang had a romantic relationship with a woman suspected of spying for China, while the FBI conducts a separate probe. The woman, Alice Huang, also known as Huang Le, is not related to the CEO and was an executive at Singapore-based Megaspeed, a company that had business dealings with Nvidia. Nvidia shares have fallen by around $500 billion in market value since Friday, nearing a one-year low. Nvidia's board has stated it has no evidence of a security breach, and President Donald Trump said Huang told him he had "no idea she was a spy." House lawmakers have requested a closed-door briefing with Huang, and China has dismissed the allegations as a smear attempt.