Here’s the full text of Jensen Huang’s memo to Nvidia

The CEO of a critical U.S. technology company is under investigation for personal conduct with a foreign agent.

Nvidia CEO Jensen Huang has admitted to an affair with an AI executive who is also an agent of the Chinese government. The company's Board of Directors has launched an independent investigation into Huang's relationship, following news reports raising national security concerns. In a memo to Nvidia employees, Huang apologized to his family and colleagues, taking full responsibility for his actions and stating his commitment to Nvidia and his cooperation with the investigation. He emphasized that his family bears no responsibility for his choices and requested privacy for them. Huang expressed his love for his country and his commitment to protecting Nvidia and supporting U.S. national security.

The revelations surrounding Jensen Huang's personal conduct, particularly his relationship with an AI executive identified as a Chinese government agent, introduce significant geopolitical and corporate governance risks for Nvidia. An independent investigation by the board indicates a serious effort to address potential conflicts of interest and national security implications, which could lead to stringent new compliance protocols or even leadership changes. This situation places Nvidia, a key player in AI hardware and a company vital to U.S. technological interests, under intense scrutiny from regulators and international bodies.

The market and its stakeholders will be closely watching the outcomes of the investigation, as any findings could impact Nvidia's operations, its supply chain, and its access to sensitive technologies. Furthermore, this event may prompt broader discussions and stricter regulations regarding the personal relationships of executives at companies involved in national security-sensitive sectors, potentially setting a precedent for future corporate oversight and executive conduct policies across the industry.