Nvidia Scandal: Board Investigates CEO Over Spy Ties

Shares of chip giant Nvidia have declined following reports that the company’s board of directors is conducting an internal investigation into CEO Jensen Huang. According to reports by AP and The New York Times, the FBI is also examining the matter, which concerns a romantic relationship between Huang and a woman suspected of being a Chinese intelligence operative. In addition, the company is facing an investor lawsuit regarding the allegations, as reported by the Daily Journal. The firm's stock has trended lower as news of the probe continues to develop. Nvidia has stated it has no reason to believe that company secrets or national security were compromised. Further details have not yet been released.