The US Justice Department has opened an antitrust investigation into Nvidia, NDTV Profit reported on 12 November, relaying Semafor’s account from two administration officials. The disclosure came hours after Nvidia co-founder Jensen Huang resigned as chief executive.
Two other Justice Department inquiries concern the technology companies Megaspeed and Supermicro, with investigators examining Alice Huang’s involvement, the report said. Jensen Huang had admitted to an extramarital affair with Alice Huang before resigning. US officials suspect her of being a Chinese intelligence asset.
AI Affairs reported Huang’s resignation and Kress’s interim appointment. Nvidia shares fell more than 13% at the open on 12 November. NDTV Profit reported that Semafor saw no indication at that point that the department would seek criminal charges against Nvidia or Huang.
