Nvidia Board Opens Investigation After Reports CEO Jensen Huang Was Targeted by Chinese Intelligence

Nvidia's board said on Sunday that it is opening an independent investigation after reports that CEO Jensen Huang, 63, was the target of a foreign intelligence effort. A committee of independent directors, assisted by outside independent counsel, will oversee the inquiry. The board said it has no reason to believe national security or Nvidia secrets were compromised, but that the inquiry will examine all available information. Huang has committed to cooperating. The New York Times and Financial Times reported that Huang had a relationship with Alice Huang, a Chinese citizen and Singapore-based Megaspeed International executive whom U.S. intelligence reportedly identified as recruited by Beijing. The two are not related. In a memo to employees, Huang wrote that he was unfaithful to his wife, that his actions hurt her and their children, and that there was no excuse. A spokesperson said he will keep leading Nvidia without interruption. Top House Republicans have asked Huang to brief Congress this month. Nvidia shares opened down 7.3 percent on Monday, to about $170.24.

Right-leaning outlets, Daily Caller and Fox Business, lead with Huang's admission and apology. They quote his memo at length, and Fox Business adds his pledge to take full responsibility and the company's statement that he stays on as CEO. Fox Business also links to House Republicans' demand for answers, and the Daily Caller places the case within the U.S.-China AI race. Left-leaning NBC News and The Guardian lead with the board's investigation. NBC News notes it has not confirmed the reports and has asked the Trump administration for comment. The Guardian adds the Republican call for a briefing and a Times report of a Rubio-drafted memo on the intelligence. Both sides use the same board statement and Huang quote. Alternative outlets differ: The Hindu profiles Alice Huang, while The Hill focuses on the stock drop.