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Nvidia Hires Wachtell Lipton To Investigate Jensen Huang Allegations

Alice Huang, identified as connected to Megaspeed, has been accused of spying for Beijing, while the FBI is conducting a separate investigation.

,   and  TIPP Staff
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Nvidia hires former acting US attorney to investigate Jensen Huang. Pic via(@thehill)

Nvidia has appointed law firm Wachtell, Lipton, Rosen & Katz and former acting US Attorney Joon Kim to investigate allegations involving CEO Jensen Huang and potential national security concerns.

The investigation follows reports alleging that a woman linked to Huang was connected to a Chinese intelligence operation. Authorities have also scrutinised Megaspeed over alleged involvement in facilitating restricted chip sales to China.

Alice Huang, identified as connected to Megaspeed, has been accused of spying for Beijing, while the FBI is conducting a separate investigation.

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Nvidia investors have filed a proposed shareholder class action, and the company's shares fell on Tuesday amid concerns about the investigation's implications for Huang's leadership.

The Nvidia Board has reaffirmed its confidence in the CEO as the probe examines whether corporate secrets or national security were compromised.

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Nvidia Shares Edge Higher As Spy Allegations Against CEO Draw Scrutiny
The company's stock fell more than 4% on Monday after Huang reportedly acknowledged being unfaithful to his wife in an email to employees
tippinsightsPower & Capital Desk

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