Nvidia shares plunge as CEO affair probe sparks spy concerns

dn.se (Swedish) —

Nvidia's stock continued its sharp decline on Tuesday, falling an additional 6.2 percent in early trading after dropping over 4 percent on Monday, following the board's announcement of an investigation into CEO Jensen Huang's affair with a woman accused of being a Chinese spy. The weekend announcement triggered the selloff as the board launched a probe into the relationship. US President Donald Trump confirmed that the FBI is examining the matter, though he described Huang as "an honorable man" who he believes "will be fine." The affair involves Alice Huang, who US security services reportedly believe is a Chinese spy. The investigation adds to significant pressure on the AI giant, which has seen its market value erode rapidly amid the unfolding scandal.


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