Nvidia scandal: Company to investigate CEO's alleged ties to spy

Technology giant Nvidia has retained the law firm Wachtell, Lipton and a former federal prosecutor to investigate allegations regarding a romantic relationship between CEO Jensen Huang and a woman suspected of spying for China, according to Reuters and The Washington Post.

The scandal has sparked concerns in Washington that the ties may have facilitated the smuggling of sensitive technology to China in violation of U.S. export restrictions. According to reports, shareholders have also initiated legal action against the company's board, alleging the concealment of material information. Further details regarding the investigation have not yet been released.