Board: 'no reason to believe' Nvidia secrets were compromised

In a five-paragraph statement, Nvidia's board said it is opening the independent investigation 'in light of recent reporting' that Huang was targeted by a foreign intelligence effort, with independent directors and outside counsel overseeing it. The board said it prioritizes U.S. national and economic security and that the inquiry 'will examine all available information.'

The statement pairs the probe with reassurance delivered in advance: the board says it has 'no reason to believe' that national security or Nvidia secrets were compromised, that Huang 'fully supports the review,' and that it retains confidence in him and his leadership team, promising further updates 'as appropriate.'