Nvidia CEO's ties to suspected Chinese spy raise national security alarm
Dan Hoffman joins Dagen McDowell to discuss the national security implications of Nvidia CEO Jensen Huang's relationship with a suspected Chinese spy, Alice Wong. Hoffman warns of China targeting advanced artificial intelligence.
Nvidia shares are lower on Monday after the company announced an internal investigation into CEO Jensen Huang's relationship with an alleged Chinese spy.
Shares of the chipmaker fell more than 4% in Monday morning trade.
The internal probe followed a media report that Huang had a close relationship with a Chinese businesswoman who allegedly passed information to Beijing.
NVIDIA CEO JENSEN HUANG APOLOGIZES AS FIRM PROBES AFFAIR WITH ALLEGED SPY
Nvidia founder and CEO Jensen Huang speaks at the annual Consumer Electronics Show on January 6, 2026. (Patrick T. Fallon/AFP via Getty Images / Getty Images)
"While the Board has no reason to believe that either national security or NVIDIA secrets were compromised, the Board's inquiry will examine all available information," Nvidia's board said in a statement on Sunday.
HOUSE REPUBLICANS DEMAND ANSWERS FROM NVIDIA CEO OVER REPORTED CHINESE SPY TIES
Huang, in a separate statement on Sunday, apologized for being unfaithful to his wife. He did not elaborate on the relationship.
"My actions hurt her and our children," he said. "There is no excuse for what I did. I am deeply sorry."
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Reuters contributed to this report.
