#NvidiaInvestigatesAfterHuang’sAffairApology 🚨 **NVIDIA SHARES SLIDE AS COMPANY INVESTIGATES CEO OVER CHINESE SPY ALLEGATIONS**
Nvidia shares came under pressure on Monday after the company's board launched an independent investigation into reports that CEO Jensen Huang may have been targeted by a foreign intelligence operation.
The probe follows reports alleging that Huang had a relationship with Alice Huang, a former executive linked to a Singapore-based Nvidia customer who was reportedly investigated by US authorities over suspected ties to Chinese intelligence.
Key developments:
▪️ Nvidia shares fell more than 6% in Frankfurt trading.
▪️ The company's board appointed independent directors and external legal counsel to oversee the investigation.
▪️ Jensen Huang has agreed to cooperate with the review.
▪️ Nvidia says it has no reason to believe its trade secrets or US national security information were compromised.
▪️ China has rejected the allegations as baseless.
The investigation is ongoing, and the allegations have not been independently established.$NVDA $ENJ $PORTAL
Nvidia shares came under pressure on Monday after the company's board launched an independent investigation into reports that CEO Jensen Huang may have been targeted by a foreign intelligence operation.
The probe follows reports alleging that Huang had a relationship with Alice Huang, a former executive linked to a Singapore-based Nvidia customer who was reportedly investigated by US authorities over suspected ties to Chinese intelligence.
Key developments:
▪️ Nvidia shares fell more than 6% in Frankfurt trading.
▪️ The company's board appointed independent directors and external legal counsel to oversee the investigation.
▪️ Jensen Huang has agreed to cooperate with the review.
▪️ Nvidia says it has no reason to believe its trade secrets or US national security information were compromised.
▪️ China has rejected the allegations as baseless.
The investigation is ongoing, and the allegations have not been independently established.$NVDA $ENJ $PORTAL
