00:00A month ago, Jensen Huang was telling me how NVIDIA could serve China.
00:03Today, his board is investigating whether or not China got something it shouldn't have.
00:08I spoke with Huang in mid-October, weeks before reports emerged that U.S. officials suspected
00:13a woman he was involved with was a Chinese spy. That woman was Alex Huang. In our interview,
00:18Huang said that he thought the chipmaker could be of great service to China. He also said NVIDIA
00:23had a large and growing opportunity in the Chinese market. When I asked whether or not he expected
00:28sales in China to pick up, he said there would be a natural tension between Washington and Beijing
00:33that lasts a long time. He also said he would continue prioritizing getting his chips to
00:37American companies first. After reports of the affair emerged, Huang circulated a memo to staff
00:42saying he'd been unfaithful and apologized to his wife. He wrote that his colleagues and shareholders
00:47deserved better from him. The following day, when markets opened, the chipmaker's shares fell
00:52sharply. A company spokesperson told Fortune the news will not slow NVIDIA. They added Jensen is
00:58committed to continuing to lead NVIDIA as CEO without interruption. Still, some are speculating
01:03on whether or not Huang will survive the scandal. The incident is being investigated by the FBI,
01:07and the prediction sites are already taking bets on his resignation.
01:10For more on what's next with NVIDIA, you can check out my full article on fortune.com.
