Nvidia began an investigation after the head of the company had an affair with a Chinese spy.
Nvidia is investigating reports that CEO Jensen Huang is having an alleged affair with a woman who US intelligence agencies believe is a Chinese intelligence agent. The review will be conducted by a committee of independent directors with external lawyers.
According to the New York Times and the Financial Times, Jensen Huang was close to Alice Huang, the head of Singapore's Megaspeed, which bought Nvidia chips. US intelligence agencies believe she was recruited by Chinese intelligence to gather intelligence on Huang and influence his position in supplying advanced chips to China.
Huang admitted to cheating, apologized to family and employees and took responsibility without naming the woman.
Nvidia backed Huang: He will remain CEO during the investigation. Nvidia's board of directors still sees no reason to consider the security of the United States or company secrets at risk.
Chinese authorities have denied involvement in the alleged intelligence operation.