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Source:
CNN
Who misled whom at Nvidia
Nvidia’s board has hired Wachtell, Lipton, Rosen & Katz to investigate whether CEO Jensen Huang disclosed his relationship with Alice Huang, an executive at customer Megaspeed whom US intelligence has identified as a suspected Chinese intelligence asset. The probe is also examining whether Huang or Nvidia misled directors, investors or the public, amid allegations that Megaspeed diverted US semiconductors to China in violation of export controls. Nvidia shares fell as much as 9% on Monday after Huang acknowledged an extramarital affair and the board launched its investigation.
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