Nvidia hires top US law firm to probe CEO Jensen Huang's ties to alleged spy

Nvidia has hired the US law firm Wachtell, Lipton, Rosen & Katz to conduct an independent investigation into CEO Jensen Huang's relationship with an alleged Chinese spy, following reports of an affair. The probe will be led by partner Joon Kim, while Huang continues to lead the company. The scandal emerged after reports that Huang had an affair with Alice Huang, an alleged Chinese spy and Nvidia customer. Huang admitted to being unfaithful to his wife on Sunday, and the company announced an investigation into foreign intelligence efforts targeting him. The controversy has erased $430bn from Nvidia's market value. Wachtell is a prestigious corporate law firm known for inventing the "poison pill" defence and advising on major deals. Kim, a former acting US attorney, has handled high-profile cases including investigations into Andrew Cuomo. Analysts estimate a 15% chance Huang is removed as CEO, with a board probe expected to last four to six weeks.