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Nvidia Espionage Inquiry
Nvidia’s board of directors appointed the law firm Wachtell, Lipton, Rosen & Katz to conduct an independent investigation into CEO Jensen Huang and examine whether company secrets or U.S. national security may have been compromised. The move followed Huang’s acknowledgment of an extramarital relationship and reports linking the woman to Chinese intelligence. The board did not announce Huang’s departure, but the controversy and investigation raised investors’ concerns that he might leave, and the company’s shares fell 6% on Tuesday.
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