Nvidia taps Wachtell Lipton to probe CEO Jensen Huang's affair with suspected Chinese spy

Nvidia hired law firm Wachtell, Lipton, Rosen & Katz on Tuesday to lead an independent investigation into CEO Jensen Huang's affair with a woman alleged to be a Chinese spy, as company stock fell about 6%. Former acting U.S. attorney Joon H. Kim will lead the inquiry, supervised by independent Nvidia directors. The board said Sunday it found no evidence that Nvidia's secrets or U.S. national security were compromised, though it will examine claims Huang was targeted by a foreign spy operation. Huang admitted the affair on Sunday, saying "there is no excuse for what I did." President Donald Trump said Huang told him he didn't know the woman was a spy, and the FBI is reviewing the issue. The woman, Alice Huang, is a Megaspeed executive suspected of funneling Nvidia AI chips to China, prompting a Justice Department criminal probe and a shareholder class action lawsuit.