Nvidia launches inquiry after reports CEO was targeted by foreign intelligence

Nvidia’s board has launched an independent investigation following reports that chief executive Jensen Huang was the target of a foreign intelligence effort.

The board said on Sunday that it had no reason to believe US national security or Nvidia secrets had been compromised. It said a committee of independent directors, assisted by external lawyers, would oversee the inquiry and examine all available information.

Axios reported, citing The New York Times, that US intelligence officials believed a woman with whom Huang had a relationship was a Chinese spy. Nvidia’s board did not identify a country or an alleged operative in its announcement.

In an email to staff published by Axios, Huang said he had been unfaithful to his wife and apologised to his family and colleagues. He said he supported the investigation and would cooperate fully.

The board expressed confidence in Huang and his leadership team. An Nvidia spokesperson told Axios that Huang was committed to continuing as chief executive without interruption.