Nvidia is conducting an independent investigation into alleged extramarital affairs involving CEO Jensen Huang, including one with a person described as a Chinese spy. Huang has admitted to one affair and says he will cooperate with the investigation, while the board is still considering whether to replace him. According to reports, the FBI has become involved and members of Congress have requested briefings. The scandal has prompted companies including OpenAI and Anthropic to recruit former intelligence officers to protect executives, employees, and proprietary technology from foreign espionage. Nvidia shares reportedly fell by 8% to 10% after the allegations emerged, reducing the value of Huang’s personal stake and the company’s market capitalization by billions of dollars.
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