Nvidia CEO Jensen Huang held his regular Monday morning meeting with top executives at the company's Santa Clara, California, headquarters, according to people familiar with the meeting who spoke to CNBC. Those people said they were not authorized to speak publicly.
Huang opened the closed-door meeting by addressing his infidelity and apologizing to staff, the people said. He took no questions and moved quickly to business agenda items. People inside the company said Huang tried to project "business as usual."
On Sunday, Huang disclosed in an email to employees that he had an extramarital affair, but he did not say with whom. He wrote, "I know an apology cannot undo what I have done." Nvidia's board opened an investigation and hired Wachtell, Lipton, Rosen & Katz to conduct it on Tuesday, according to the report.
Per the Financial Times, cited by CNBC, Huang was in a romantic relationship with Alice Huang, a former Megaspeed executive. The report describes the probe as moving forward into his affair with an alleged Chinese spy. CNBC's sources described the mood at the company as "sad," and one employee said they were shocked. Nvidia did not immediately respond to a request for comment.
The report also says the revelations have drawn increased scrutiny of Huang's continued support for more AI chip sales to China. Huang was also in the office on Tuesday, one week before the company's quarterly earnings report.