Nvidia has announced that it has hired the New York‑based law firm Wachtell, Lipton, Rosen & Katz to conduct a “thorough and independent” investigation into the relationship between its chief executive, Jensen Huang, and an alleged Chinese spy. The investigation will be led by partner Joon Kim, a former government prosecutor with expertise in internal investigations, white‑collar crime, regulatory defense, and crisis management.
While the company has not set a specific timeline for the inquiry, it has stressed that Huang will continue to head the company “without interruption.” Nvidia’s decision comes after a series of reports that the CEO was involved in an affair with Alice Huang, a Chinese national who is also an Nvidia customer. The allegations have sparked concerns about potential foreign intelligence involvement.
In a statement, Nvidia said it had initially denied any improper relationship with the Chinese citizen, who is not related to the company’s founder. Huang later admitted on Sunday that he had been unfaithful to his wife, though he did not directly reference Ms. Huang. The scandal has already cost the company $430 billion in market value, as investors weigh the implications for a firm that has become synonymous with the AI boom.
U.S. Ambassador to China David Perdue weighed in on the situation, noting that “national security is part of this economic conversation because economic security is national security.” He added that the U.S. approach to China remains “bumpy” at the moment.
Wachtell, one of the most prestigious corporate law firms in the United States, has a long history of advising on high‑profile corporate matters. Its founding partner, Martin Lipton, is credited with inventing the “poison pill defense,” a strategy that protects companies from hostile takeovers. The firm played a key role in the historic Getty Oil takeover by Texaco, which ultimately led to a landmark lawsuit by Pennzoil.
Source: The Guardian World
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