
Nvidia's board launched an independent investigation into CEO Jensen Huang after reports that he was targeted by a foreign intelligence effort, tied to his relationship with Alice Huang, a former Megaspeed executive U.S. officials regard as a Chinese intelligence asset. Huang admitted an extramarital affair in an internal memo. The board said it has no reason to believe Nvidia secrets or national security were compromised, and Huang remains CEO. Shares are down about 22% from their October peak.