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Wachtell Lipton

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Nvidia hires Wachtell Lipton to probe Jensen Huang's relationship with alleged Chinese spy

Nvidia has retained law firm Wachtell, Lipton, Rosen & Katz, with attorney Joon Kim leading what the company calls an independent investigation into CEO Jensen Huang's extramarital relationship with Alice Huang, an executive at Nvidia customer Megaspeed who is alleged to be a Chinese intelligence asset. The FBI is separately investigating, and Nvidia's board has said it has no reason to believe company secrets or national security were compromised. Nvidia shares fell to a near-yearly low on Tuesday, erasing over $500bn in market value since Friday.

Nvidia board taps Wachtell Lipton to probe Jensen Huang affair claims

Nvidia's independent board members hired law firm Wachtell, Lipton, Rosen & Katz, led by former federal prosecutor Joon H. Kim, to investigate CEO Jensen Huang after he acknowledged an affair with a woman reportedly linked to Chinese intelligence. The inquiry will examine whether company secrets or national security were compromised. Nvidia's stock fell 6% Tuesday after a drop of over 4% Monday amid the fallout.

Wachtell Lipton to lead Nvidia's internal probe into alleged espionage

Nvidia has retained law firm Wachtell, Lipton, Rosen & Katz to conduct an internal investigation into whether the chipmaker was targeted by a foreign espionage effort. Details of the suspected incident, including what information may have been compromised, have not been disclosed.