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Nvidia has said that it would investigate the company's Chief Executive Jensen Huang who reportedly had an affair with a businesswoman suspected of being a Chinese spy. Nvidia Corporation Board has retained Joon H. Kim And Wachtell For independent probe, according to a statement from the independent members of Nvidia Board.
US President Donald Trump said on Monday the FBI is investigating Huang's relationship, a day after Nvidia's board launched an internal investigation "regarding the national security concerns raised in news reports," according to an email Huang sent to Nvidia employees and released by the company.
The company's advanced semiconductors are at the heart of a global race for AI superiority. China's Foreign Ministry called the spying claim "a groundless accusation, slander and a smear."
Nvidia co-founder Huang, 63, has no obvious successor, as well as close ties to Trump. Huang owns 3.6 per cent of Nvidia's stock and has dozens of direct reports, suggesting a tight grip on the company.
Nvidia said on Sunday that while its board has no reason to believe that either US national security or Nvidia secrets were compromised, its inquiry would examine all available information. The board said it has confidence in the CEO and his leadership team.
Nvidia's code of conduct lists "personal relationships" among the types of activities that may create conflicts of interest for employees, along with activities like taking on outside consulting work, board seats or advisory roles.
"If involved in a situation that could present a perceived or actual conflict of interest, contact Employment Legal for guidance," the document states.
Washington earlier restricted exports of Nvidia's most advanced chips to China since 2022, although rules were later eased to permit sales of lower-end products.
The spying allegations could reignite tensions ahead of US President Donald Trump's upcoming visit to China and raise the prospect of tighter controls.
US President Donald Trump said on Monday the FBI is investigating Huang's relationship, a day after Nvidia's board launched an internal investigation "regarding the national security concerns raised in news reports," according to an email Huang sent to Nvidia employees and released by the company.
The company's advanced semiconductors are at the heart of a global race for AI superiority. China's Foreign Ministry called the spying claim "a groundless accusation, slander and a smear."
Nvidia co-founder Huang, 63, has no obvious successor, as well as close ties to Trump. Huang owns 3.6 per cent of Nvidia's stock and has dozens of direct reports, suggesting a tight grip on the company.
Nvidia said on Sunday that while its board has no reason to believe that either US national security or Nvidia secrets were compromised, its inquiry would examine all available information. The board said it has confidence in the CEO and his leadership team.
Nvidia's code of conduct lists "personal relationships" among the types of activities that may create conflicts of interest for employees, along with activities like taking on outside consulting work, board seats or advisory roles.
"If involved in a situation that could present a perceived or actual conflict of interest, contact Employment Legal for guidance," the document states.
Washington earlier restricted exports of Nvidia's most advanced chips to China since 2022, although rules were later eased to permit sales of lower-end products.
The spying allegations could reignite tensions ahead of US President Donald Trump's upcoming visit to China and raise the prospect of tighter controls.