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Nvidia shares plunge following investigation into CEO Jensen Huang

Nvidia's board of directors has launched an internal investigation into CEO Jensen Huang following revelations of his relationship with a woman suspected of spying for China.


Shares of the chip giant Nvidia fell sharply on Sunday amid reports that the company’s board of directors is conducting an internal investigation into CEO Jensen Huang. According to reports from Politico and MarketWatch, the probe concerns Huang’s relationship with a woman suspected of being a Chinese intelligence operative.

The company stated that it has no reason to believe that its corporate secrets or U.S. national security have been compromised. Meanwhile, President Donald Trump has publicly backed Huang, describing him as an honorable man. Further details regarding the status of the investigation have not yet been published.

Sources: Morningstar, Politico, Morningstar, MarketWatch, Moneycontrol.com

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