Nvidia hires major US law firm to investigate alleged Chinese spy affair

Nvidia has hired one of the largest law firms in the US to investigate the affair between its own chief executive and an alleged Chinese spy.

Jensen Huang, who co-founded the tech company, has admitted to having a romantic relationship outside of his marriage. The woman, Alice Huang, is alleged to be a spy for Beijing.

Nvidia said on Tuesday that it had hired New York law firm Wachtell, Lipton, Rosen & Katz, and that its attorney Joon Kim would lead "a thorough and independent investigation". The FBI is also conducting its own probe.

The company's share price has fallen almost to a yearly low, with $500bn (£375bn) wiped of its stock market value since Friday.