NVIDIA Board Opens Probe After Report of Foreign Effort Targeting CEO

The board says it has no reason to believe NVIDIA secrets were compromised, and Huang is cooperating with the review

In an NVIDIA statement, the board of directors said it is launching an independent investigation in light of reporting that founder and CEO Jensen Huang was targeted by a foreign intelligence effort.

The statement, dated Nov. 8, said a committee of independent directors will oversee the investigation. Outside independent counsel will assist the committee.

The board said it prioritizes U.S. national and economic security, which it called paramount to the interests of NVIDIA and its shareholders.

While the board has no reason to believe that either national security or NVIDIA secrets were compromised, it said the inquiry will examine all available information.

Huang fully supports the review and has committed to cooperating with it, the board said.

The board said it has confidence in Huang and his leadership team. It will provide further updates as appropriate, the statement said.

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