Jensen Huang admits to infidelity, apologizes in company-wide letter! Nvidia launches emergency investigation

What happened: Nvidia CEO Jensen Huang sent a company-wide letter admitting to infidelity and apologizing to staff and family. Nvidia's board formed a special committee of independent directors and launched an independent investigation with outside counsel. Key numbers: Nvidia shares fell 2% in dark pool trading, with market value down more than $90 billion (over 600 billion RMB). Why it matters: The board said it has no reason to believe core trade secrets were leaked and expressed confidence in Huang and his leadership team, in what the report describes as an effort to reassure the market. Coverage: 5 outlets in 24h

Nvidia CEO Jensen Huang sent a company-wide letter admitting to infidelity and apologizing to staff and family. Nvidia's board formed a special committee of independent directors and launched an independent investigation with outside counsel.

The board said it has no reason to believe core trade secrets were leaked and expressed confidence in Huang and his leadership team, in what the report describes as an effort to reassure the market.