NVIDIA shares fell more than 6% amid the scandal surrounding the CEO.
NVIDIA shares fell more than 6% in premarket trading in the US, hitting a low of $176.26. Shares are falling following news that the company's board of directors has opened an investigation into the company's CEO, Jensen Huang. The reason was his admission of an affair with a woman who in several publications is known as a Chinese spy, reports Bloomberg.
The Chinese Foreign Ministry called the accusations of Chinese intelligence trying to contact Jensen Huang slanderous. NVIDIA's board, in turn, said there was "no reason to believe" that national security or company secrets had been compromised.
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