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Nvidia Board Opens Independent Probe Into Huang Targeting

TL;DR

  • Nvidia's board on November 8 opened an independent investigation into reporting that CEO Jensen Huang has been the target of a foreign intelligence effort.
  • A committee of independent directors with outside independent counsel will run the inquiry; Huang has committed to cooperating.
  • The board said it has no reason to believe national security or Nvidia secrets were compromised, and reaffirmed confidence in Huang's leadership.

Nvidia's board of directors said on November 8 that it is opening an independent investigation in light of recent reporting that founder and CEO Jensen Huang "has been the target of a foreign intelligence effort." A committee of independent directors, with outside independent counsel, will oversee the inquiry.

The statement draws a careful line on scope. "While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board's inquiry will examine all available information," the directors wrote, adding that they prioritize "U.S. national and economic security, which is paramount to the interests of NVIDIA and its shareholders." The board does not name the reporting it is responding to, and the statement does not mention any U.S. agency.

Jensen "fully supports the review and has committed to cooperating with it," the directors said, closing with the line that the board "has confidence in Jensen and his leadership team and will provide further updates as appropriate." It is the latest beat in a run of items on our Jensen Huang tracker, following a report that U.S. intelligence concluded a Megaspeed executive had been recruited by China's MSS to target him and a GOP demand for a congressional briefing.