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Nvidia probes reports Jensen Huang was foreign spy target

Nvidia’s board has launched an independent investigation after reports that founder and CEO Jensen Huang was targeted by a foreign intelligence effort.

A committee of independent directors, with help from outside counsel, will oversee the review.

The board said it had no reason to believe US national security or Nvidia trade secrets were compromised.

Huang supported the investigation and agreed to cooperate.

Nvidia’s advanced AI chips are subject to US export controls based on national security concerns.

US lawmakers are also examining Nvidia’s compliance with those rules in relation to sales tied to China.

Under US Securities and Exchange Commission cybersecurity rules, Nvidia would generally have to disclose the matter on Form 8-K within four business days if the investigation finds a material cybersecurity incident and the company determines it is material.

🔗 Source: NVIDIA

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