Nvidia probes CEO Jensen Huang ties to Chinese intelligence contact

Nvidia announced on Sunday that its board of directors has launched an investigation into reports that CEO Jensen Huang was targeted by foreign intelligence.

The review follows disclosures that Huang had a personal relationship with Alice Huang, a Chinese citizen and business executive. U.S. intelligence agencies determined that Alice Huang was collecting information for Beijing during their association.

Jensen Huang apologized to the company in an internal message. "I was unfaithful to my wife," he wrote. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."

The two Huangs are not related. Alice Huang worked as a television reporter in China before becoming a senior executive at Megaspeed, a Singapore-based data center company. Megaspeed purchased more than $4.8 billion in Nvidia chips over the last two years.

In a statement, the Nvidia board said it has no reason to believe national security or company secrets were compromised. The board added that the inquiry will examine all available information.

Jensen Huang, 63, will remain in his role as CEO while the review proceeds. The board stated that he fully supports the investigation and has committed to cooperating with it.