Board cites no reason to believe company secrets or national security compromised
The Wall Street Journal reported that U.S. officials last year concluded that Chinese citizen Alice Huang was sharing information with the Chinese government.
At the time, Alice Huang was a top executive at Megaspeed International and was working with Nvidia to build data centers in Asia, according to The Wall Street Journal.
On Sunday, Nvidia’s board said it was launching an investigation into reports that CEO Jensen Huang had been the target of a foreign intelligence effort. The reports at issue trace to that earlier U.S. conclusion about Alice Huang, according to The Wall Street Journal.
Nvidia shares were up 2.78%, according to The Wall Street Journal.
Alice Huang also goes by Huang Le. The Wall Street Journal reported that she is not related to Nvidia CEO Jensen Huang.
The board’s Sunday statement said there was no reason to believe either the company’s secrets or national security were compromised.
“Today’s news will not slow NVIDIA. Jensen is committed to continuing to lead NVIDIA as CEO without interruption,” an Nvidia spokesman said in a statement.
The Wall Street Journal’s Joseph De Avila reported the board’s announcement.