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Nvidia shares fell about 3.4% in after-hours trading to $180.30 after the company opened an internal investigation into whether its CEO, Jensen Huang, had been targeted by a foreign intelligence service. The investigation followed reports of a connection between Huang and Alice Huang, a former executive whom U.S. authorities concluded was an agent of Chinese intelligence. It remains unclear whether the matter will affect his position. Analysts said the continuing investigation could raise questions about the company’s investment decisions, product launches and shipments to China, while one said Huang’s replacement was unlikely.
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