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Nvidia board probes Huang over Alice Huang ties
Nvidia CEO Jensen Huang faces a board probe into whether he was the target of a foreign intelligence effort after a media report linked him to a Chinese businesswoman accused of passing information to Beijing, the Korea Times reports. The board is investigating his ties to Alice Huang, a suspected Chinese spy, amid reports of an extramarital affair. A shareholder has also sued Nvidia and Huang, accusing them of deceiving investors in their responses to media reports about the affair, the Korea Times reports. Nvidia shed about $430 billion in market value over two sessions as the controversy escalated, the Korea Times reports. Alice Huang has returned to Beijing, Bloomberg News reports, citing people familiar with the matter. Korean outlets report the board is preparing to oust Huang, with the Wall Street Journal citing people familiar with the matter, and Business Korea says he faces the most serious leadership crisis in the company's history. A Korean star, Hwang Young Jin, gave a witty explanation after getting caught up in the aftermath, Koreaboo reports.
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