Nvidia hires Wachtell Lipton for Jensen Huang investigation

Nvidia has retained law firm Wachtell, Lipton, Rosen & Katz to conduct an independent investigation into CEO Jensen Huang following reports that he had a romantic relationship with a woman alleged to be a Chinese spy. The probe, led by outside counsel rather than the company itself, is examining the relationship and any potential implications for the chipmaker. Nvidia has not disclosed the identity of the woman or the duration of the relationship, and no findings have been released. The matter is sensitive given Nvidia's central role in the U.S.-China technology rivalry and its roughly $3 trillion market valuation. Investors will watch for the scope and timeline of the investigation and whether Wachtell's findings prompt any governance or disclosure changes.