Nvidia stock falls amid CEO probe
Nvidia shares dropped following reports of an internal investigation into CEO Jensen Huang's links to a woman suspected of spying for China.
Nvidia stock fell 5% as reports intensified regarding an internal probe into CEO Jensen Huang. According to Barron's and The New York Times, the investigation was launched following claims of an intimate relationship between the CEO and a woman suspected of spying for Chinese intelligence. Meanwhile, Chinese authorities dismissed the espionage allegations as a smear campaign. As previously reported by Tevel, the company has stated it has no reason to believe its secrets or U.S. national security were compromised, and President Trump has publicly backed Huang as an honorable man. Further details have not yet been released.
Sources: The New York Times, Barron's, WPTZ, CNN.gr, CNN.gr
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