Driving the news: “I owe my family and all of you an apology,” Huang wrote in a draft email to Nvidia employees obtained by Axios.
- “I was unfaithful to my wife. My actions hurt her and our children. There is no excuse for what I did.”
- Huang said he took “full responsibility” for his actions, adding that he had failed to fulfill his responsibilities to Nvidia’s employees, board and shareholders.
- “Leading NVIDIA is the privilege of my life,” Huang wrote. “I am fully committed to NVIDIA and will work to regain your trust.”
In the meantime: Nvidia’s board said an independent committee, assisted by external counsel, would investigate the matter.
- The board said it had no reason to believe national security or company secrets had been compromised and expressed confidence in Huang’s leadership.
Zoom out: Huang played a key role in Washington pushing for easing restrictions on sales of AI chips to China.
- He argued that keeping American technology in the Chinese market strengthens American competitiveness and prevents China from developing its own potentially more advanced chips.
Flashback: Secretary of State Marco Rubio warned senior Trump officials about Huang’s relationship with a woman that U.S. intelligence officials believed was a Chinese spy, The New York Times reported Friday.
- The woman, Alice Huang, was recruited to research information and possibly lobby to make Nvidia’s advanced chips available in China, countering existing restrictions, the Times reported.
What they say: “Today’s news will not slow down NVIDIA. Jensen is committed to continuing to lead NVIDIA as CEO without interruption,” John Rizzo, head of public policy communications at Nvidia, said in a statement.
Gn headline
