Nvidia stocks tumble as CEO investigated over spy claims | First Thing
Nvidia’s chief executive, Jensen Huang, has been placed under “independent investigation” by the tech company after reports emerged he had been “the target of a foreign intelligence effort”, namely a close relationship with a Chinese businesswoman who is accused of passing information to Beijing.
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- Nvidia stock is down 5% in pre-market trading as a result.
The company’s board said in a statement that while it had no reason to believe that either US national security or Nvidia secrets were compromised, its inquiry would examine all available information.
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