Nvidia shares tumble as board probes CEO's foreign ties
Nvidia's shares fell about 8% on November 9 after the company announced a board-led investigation into CEO Jensen Huang's alleged links to Chinese intelligence, following his admission of an extramarital affair. The probe comes after a U. S.
intelligence memo identified Megaspeed executive Alice Huang as a conduit for information to Beijing; Huang acknowledged the personal misconduct and pledged to cooperate with the board. Earlier, three House committee chairs asked Huang to appear at a closed-door briefing on November 18 to discuss export controls and the alleged recruitment of a Chinese operative, and the Trump administration had recently cleared several Chinese firms to assemble Nvidia's H200 AI chips, raising further concerns about export oversight.