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BY Sarah Bregel
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When companies put all their faith and trust in one powerful leader, backup plans when things go south are hard to come by. Just ask Nvidia. The world’s second most valuable company (but as of today, the third) is currently in the throes of a major PR scandal that hasn’t just shaken trust in the tech company’s leader, but in the entire company.
Over the weekend, Nvidia CEO Jensen Huang admitted to having an affair with a suspected Chinese spy. Amid the controversy, the company announced it would launch an independent investigation of the CEO’s relationship with Alice Huang, an executive from the Singapore-based tech company Megaspeed, over reports that he was the “target of a foreign intelligence effort.”
As the company grapples with the controversy, and potential legal ramifications, concerns over the leader’s judgment loom large, especially given he’s been one of AI’s most vocal advocates and as China and the U.S.…