BackHuida's board of directors launched an investigation! Jen-Hsun Huang shouts to employees: Support U.S. national security
Huida's board of directors launched an investigation! Jen-Hsun Huang shouts to employees: Support U.S. national security
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自由时报16 minutes agoBusiness2 min readChinaView original

Huida's board of directors launched an investigation! Jen-Hsun Huang shouts to employees: Support U.S. national security

Huida's board of directors launched an independent investigation. Huang Renxun admitted being unfaithful to his wife and promised to fully cooperate.

Quick Look

  • Huida's board of directors launched an independent investigation into reports of Huang's ties to Chinese business people and the targeting of foreign intelligence agencies.
  • In an internal letter, Huang admitted to being unfaithful to his wife and promised to fully cooperate with the investigation and support U.S. national security.
  • Huida has a market value of approximately US$4.5 trillion, and Huang Renxun has led the company for more than 30 years.

AI-generated summary

Why It Matters

Huida is a key supplier of global AI computing hardware, and its chips dominate the current development of artificial intelligence technology. Jen-Hsun Huang has led the company for more than 30 years since he co-founded Huida in 1993. The board launched an independent investigation in response to recent reports that Huang was targeted by foreign intelligence agencies.

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The turmoil in Nvidia CEO Jen-Hsun Huang's relationship with Chinese business people has spread from his private life to corporate governance and U.S. national security. Huida's board of directors announced the launch of an independent investigation, and Huang admitted in an internal letter to employees that he had been unfaithful to his wife and emphasized that he would fully cooperate with the investigation and support U.S. national security.

The British Broadcasting Corporation (BBC) reported that Huida’s board of directors stated in a statement that it had launched an independent investigation in response to recent reports that Huang Renxun was a target of foreign intelligence agencies. The statement emphasized that the national and economic security of the United States is in the best interests of Huida and its shareholders. The board currently has no reason to believe that U.S. national security or Huida trade secrets have been compromised, but remains committed to reviewing all available information.

In response to this controversy, Huang Jen-Hsun admitted in an internal letter to all employees that he had been unfaithful to his wife, saying bluntly that there was no excuse, and apologized to his wife, children and company employees. He also expressed that he would fully cooperate with the board of directors' investigation in response to the national security concerns raised by the report.

In the letter, Huang said that he loves the United States and Huida, and is committed to protecting the company and supporting U.S. national security. He also emphasized that he is proud to be an American. These statements came just as the board of directors announced an investigation, further extending the focus of the controversy to corporate operations and national security.

Huida is a key supplier of global AI computing hardware, and its chips dominate the development of current artificial intelligence technology. BBC reports indicate that the company has a market capitalization of approximately US$4.5 trillion. Jen-Hsun Huang has led the company for more than 30 years since he co-founded Huida in 1993. This independent investigation initiated by the board of directors will examine the information involved in the relevant reports and the potential national security implications.

What to Watch

AI outlook — possibilities, not facts

  • Huida's board of directors will announce the results after the investigation is completed and may make a decision on Huang's position

    Likely · Within weeks

Open Questions

  • What information and national security implications will the investigation examine specifically?
  • When will the results of the investigation be announced?
  • Will Jen-Hsun Huang continue as CEO?

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This article was originally published by 自由时报.

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