Huang continues to work for Nvidia while the company initiates an independent investigation to verify whether its CEO, billionaire Jensen Huang, was a 'target of a foreign intelligence operation'. The decision comes after Huang confessed to being unfaithful to his wife and claimed that today's news would not slow down Nvidia.

In a statement to Nvidia's employees on Sunday, Huang admitted to being unfaithful to his wife and apologized for his behavior. The admission arrives just days after the New York Times reported that Huang had a connection with Alice Huang, a Chinese town, which, according to U. S. authorities, could be a foreign intelligence agent.

Huang stated that he would support the investigation and would fully cooperate, emphasizing, 'I love my country and our company' and adding, 'I am committed to protecting Nvidia and supporting the security of the United States.'

Huang also asked for forgiveness to colleagues, assuring them that he is 'fully dedicated to Nvidia' and wants to 'work to regain your trust.'

The Nvidia board of directors has informed that they want to verify if Huang was actually targeted by intelligence activities, adding however that there is currently 'no reason to believe that national security or Nvidia's secrets have been compromised.'

Nvidia described their relationship with Huang as 'nothing unusual or unexpected.' However, the name of Alice Huang appeared in a confidential document, where it is indicated as a possible recruit for the Ministry of State Security in China.

Chris Martin, Nvidia's spokesperson, said, 'Jensen remains focused on steering Nvidia in his CEO role without any interruption.' Previously, Nvidia had described their relationship with Huang as 'nothing unusual or unexpected.'