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Jensen Huang Leaves Nvidia Amid Spy and Affair Allegations

Huang, who co-founded Nvidia in 1993, left the company after its board had first backed him and then convened for an hours-long meeting. He apologized to Nvidia employees on Sunday for being unfaithful to his wife, Lori Huang, and said his actions had hurt his family. Nvidia is valued at about $4 trillion; the allegations were followed by a reported $450 billion drop in its market value.

U.S. intelligence officials reportedly concluded that Alice Huang, a Chinese citizen and former Megaspeed executive, had used her relationship with Huang to pass information to Beijing. The FBI is investigating the relationship. Huang and Alice Huang are not related. President Donald Trump has said he believes the investigation will not uncover criminal conduct.

The allegations have prompted calls for Huang to answer questions in Congress. Three Republican House committee chairs requested a closed-door briefing for November 18 on Nvidia’s security protocols and Huang’s interactions with Alice Huang, citing concerns about China’s ability to obtain confidential American technology and information.

Separate allegations concerned Kimberly Powell, Nvidia’s executive overseeing health care, who reports to Huang. A New York Times story said the pair were affectionate at a San Jose hotel during Nvidia’s developer conference in March. Nvidia’s conduct code warns employees about conflicts of interest involving personal relationships. Huang did not address the allegation directly when contacted by the newspaper.

The board’s decision followed reports of the allegations and its earlier expression of support for Huang. Huang’s departure comes as scrutiny grows over his relationship with Alice Huang and Nvidia’s business with China, including efforts to ease U.S. restrictions on chip sales.

Reported by New York Post, Fox Business, The Daily Beast, The Washington Examiner, The Daily Caller, .

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