American multinational technology company, Nvidia is opening an investigation into reports that CEO Jensen Huang was the target of a foreign intelligence effort. The company’s board of directors made the announcement  after Huang acknowledged to the board that he had been intimate with a business executive Alice Huanga, a Chinese citizen and chip buyer, whom US intelligence determined was gathering information for Beijing. Huang apologised in a message to the company, saying he was unfaithful to his wife and his actions hurt her and their children for which he is deeply sorry.

 

Nvidia’s board said in a statement it has no reason to believe that either national security or Nvidia secrets were compromised, but that its inquiry would examine all available information. Huang fully supports the review and has committed to cooperating with it, the board said.

Last month, US intelligence agencies had discovered that Huang had developed a close relationship with Alice Huang and determined that she was feeding information directly to Beijing.