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Nvidia shares fall 11% in premarket trading after probe into Jensen Huang over alleged affair with suspected Chinese spy

TechnologyInternationalPortafolioAI summary
Image: Portafolio

Nvidia shares fall more than 11% in premarket trading and trade below $176 after the company opened an internal investigation into CEO Jensen Huang over an affair with a suspected Chinese government spy. The review is overseen by a committee of independent directors with outside counsel. Nvidia said it has no reason to believe its trade secrets or national security were compromised and keeps Huang in charge.

In 35 seconds

  • Nvidia shares fall more than 11% in premarket trading and trade below $176.
  • The board opened an internal investigation into Jensen Huang over an affair with a suspected Chinese government spy.
  • The review is overseen by a committee of independent directors with assistance from outside counsel.
Read the full story at Portafolio

IASummary generated by artificial intelligence from a story by Portafolio. It may contain errors: the original source prevails.

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