#NvidiaInvestigatesAfterHuang’sAffairApology $NVDA fell over ~6% premarket as Nvidia opened a spy probe after CEO Jensen Huang admitted he cheated on his wife

> The New York Times linked Jensen to Alice Huang, a former executive at Nvidia customer Megaspeed who U.S. intelligence concluded was gathering information for Beijing

> U.S. authorities were already looking into whether Megaspeed helped China obtain advanced Nvidia chips subject to export restrictions

> Three House committee chairs asked Jensen to brief Congress behind closed doors on Nov 18 about his dealings with Alice and how Nvidia protects against espionage

> Jensen apologized to his family and staff on Sunday without naming his affair partner, while Nvidia’s board launched an independent investigation and said it still backs him as CEO

> Beijing denied the spying allegations on Monday, while Nvidia’s board says it has no reason at this stage to believe company secrets or U.S. national security were compromised

> Micron and Marvell slipped alongside Nvidia in premarket trading

> If restricted chips or Nvidia secrets reached China, Washington could make it harder for Nvidia to sell its chips abroad

Imagine lori walking away with half of Jensen's NVDA shares and telling him she’s holding long term$BIO $AVAX