Nvidia hires law firm to probe CEO Jensen Huang's affair with alleged Chinese spy

Nvidia has hired New York law firm Wachtell, Lipton, Rosen & Katz to investigate CEO Jensen Huang's affair with a woman alleged to be a Chinese spy, prompting a $500 billion drop in company value since Friday. The woman, Alice Huang, an executive at Nvidia customer Megaspeed, is suspected by the US government of spying for Beijing. Attorney Joon Kim will lead the independent probe, while the FBI conducts its own investigation into the relationship's national security implications. Shares fell to a near-yearly low Tuesday, and House Foreign Affairs Committee leaders have requested a closed-door briefing with Jensen Huang next week, with chairman Brian Mast threatening a subpoena if he declines. Beijing has dismissed the allegations as smears, and President Trump said Huang told him he was unaware of the alleged spying.