Nvidia's board of directors has engaged the law firm Wachtell, Lipton, Rosen & Katz to investigate CEO Jensen Huang's conduct after he acknowledged an affair with a woman reportedly connected to Chinese intelligence. This investigation aims to determine if any company secrets or national security issues were compromised. The board's statement highlighted the involvement of Joon H.
Kim, a former acting U.S. Attorney, who joined the firm earlier this month. The situation has created instability within Nvidia, particularly as scrutiny increases regarding the company's sales of restricted AI chips to Chinese firms. As a result, Nvidia's stock fell by 6% on Tuesday, reflecting investor concerns that the investigation could lead to Huang's departure from the company