Nvidia launches internal probe as CEO Jensen Huang faces espionage scandal

Semiconductor manufacturer Nvidia has initiated an independent internal investigation into Chief Executive Officer Jensen Huang following revelations of an extramarital relationship with a woman suspected of spying for Chinese intelligence services. Huang publicly admitted to the relationship after media reports raised espionage concerns regarding the firm, which manufactures microchips critical to global artificial intelligence infrastructure.

The disclosure triggered severe market volatility, wiping out over $350 billion in Nvidia's market capitalization as investors evaluated potential leadership shifts and corporate governance vulnerabilities. Given the strategic national security implications of Nvidia's semiconductor technology, lawmakers and intelligence analysts have raised concerns over possible foreign influence or data exposure. U.S. President Donald Trump has expressed public support for Huang, though the board's inquiry into oversight protocols remains ongoing.

Sources: DW, NOS (Nederlandse Omroep Stichting), NRC, NU, Tagesschau.