Nvidia CEO Jensen Huang faces spy probe

Tonight, NVIDIA's shares are continuing to plummet following an investigation into whether its CEO gave away company secrets to a Chinese spy. NVIDIA specializes in computer chips and is the world's second biggest company. Fox's Madison Alworth gives us a closer look at the investigation tonight. He's a fine person, but you never know what is going on. It's a story sending shockwaves through the tech world. Nvidia CEO Jensen Huang is now under investigation by his own company over concerns he was the target of, quote, a foreign intelligence effort. It comes after Huang admitted to having an affair with a suspected Chinese spy. He says he supports the investigation, writing in part, quote, I take full responsibility for what I did and the hurt I caused, and I accept the criticism that comes with it. And he's getting support from some powerful friends. I think he's an honorable guy. I think he probably has an excuse for it. You have to hear it. The alleged spy has been identified as Alice Huang, a Singapore-based tech executive who was seen with the Nvidia CEO in Taiwan last year. Last year. We are working closely with the United States through intelligence sharing to actively monitor the situation. The Chinese government is denying It tried to ensnare Huang. We have already responded to this. The so-called Chinese spy allegation is groundless. It is nothing but a smear against China. But some experts say the operation bears all the signs of a Chinese operation. And House Republicans want a closed-door briefing with Huang to talk about the growing controversy. First establish a friendship, then have an affair with the chairman. This is a common tactic used in espionage. NVIDIA's board says the investigation is just ramping up. In New York, I'm Madison Alworth. Fox Business.