NVIDIA Opens Independent Probe Into Reported Targeting of Jensen Huang
NVIDIA’s board has launched an independent investigation into reporting that founder and CEO Jensen Huang was the target of a foreign intelligence effort. A committee of independent directors, assisted by outside independent counsel, will oversee the inquiry, which will examine all available information. The board said it had no reason to believe that U.S. national security or NVIDIA secrets had been compromised. Huang said he supported the review and would cooperate. Financial Times reporting said NVIDIA shares fell more than 8% after the probe was announced.
The inquiry places NVIDIA’s leadership and governance under scrutiny. The underlying foreign-intelligence allegation remains unverified, and the scope and findings of the investigation are not yet known.
The NVIDIA Board is initiating an independent investigation in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort.
A committee of independent directors, assisted by outside independent counsel, will oversee the investigation.
The Board prioritizes U.S. national and economic security, which is paramount to the interests of NVIDIA and its shareholders.
While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board's inquiry will examine all available information.
Jensen fully supports the review and has committed to cooperating with it.
The Board has confidence in Jensen and his leadership team and will provide further updates as appropriate.
