Nvidia shares slide as US tech giant investigates CEO's affair with suspected Chinese spy
- Nvidia shares fell approximately 7% on Monday following reports about CEO Jensen Huang's personal life and a possible foreign intelligence investigation.
- The company is investigating reports that Huang was the target of a foreign intelligence effort.
- The decline comes amid growing concerns about the sustainability of AI investments and data center expansion, causing technology stocks to fall.
- Nvidia shares are down more than 20% from their peak, while the Nasdaq entered correction territory after dropping over 10% from its recent high.
104 Articles
104 Articles
Nvidia is under investigation for alleged Chinese espionage. China denies the allegations. Here's why the case matters for artificial intelligence.
The boss of Nvidia, Jensen Huang, one of the most powerful players in tech, is in turmoil, suspected of being spyed on by his mistress on behalf of China, who is lying. At the opening of the New York Stock Exchange on Monday, the Nvidia share has fallen to 8%, or about $300 billion worth of stock market valorization gone in smoke. (International).
A non-conjugal relationship between the founder and CEO of the chip manufacturer Nvidia, Jensen Huang, with an entrepreneur suspected of being a spy of the Chinese government is under investigation by the board of directors of the American company that leads the artificial intelligence race between the United States and China. Exclusive material for subscribers. To have full access, access the link of the subject and register.
Nvidia’s shares fall more than 6% after an investigation has been opened to its CEO, Jensen Huang, for his links with a businesswoman accused of spying for China
The actions on Wall Street started more firmly despite the strong setback of the technology company Nvidia.
The value of chip manufacturer Nvidia fell by the equivalent of 312 billion euros on Monday. The decline in value is the result of the research that the company...
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