17 Hrs
Source:
Sky News
Nvidia down 5% amid probe
Nvidia shares fell about 5% in premarket trading—and about 4.8% according to later data—after reports linked CEO Jensen Huang to a businesswoman whom US intelligence agencies accused of passing information to China. The company said its board had launched an independent investigation into the events described in the reports and confirmed that Huang would cooperate, while noting that he had not been accused of any national security violations. A Chinese Foreign Ministry spokesperson denied the allegations, saying they were unsubstantiated and lacked evidence.
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