Nvidia stock steadies after CEO's affair with alleged Chinese spy

Nvidia shares rose 1.3% in premarket trading Tuesday, recovering slightly after a 4% drop Monday, as investors weighed fallout from CEO Jensen Huang's affair with an alleged Chinese spy. Huang told staff in an email he was "unfaithful" to his wife and "fallen short" as CEO, following reports of his relationship with Alice Huang, an executive at Nvidia customer Megaspeed. The New York Times reported U.S. officials concluded she was a Chinese intelligence asset funneling information to Beijing and possibly steering advanced A.I. chips to China. The Oct. 29 report has intensified scrutiny on Nvidia's China ties, with the stock remaining volatile as investors monitor potential regulatory or business repercussions. This is a developing story.