Nvidia Falls 4% Premarket as Board Investigates Espionage Reports
Nvidia shares fell 4% premarket after its board said it was investigating reports that CEO Jensen Huang had been targeted in a foreign espionage effort.
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09:15:17 AM UTC
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Nvidia Corp. (NVDA) shares dipped 5% in early premarket trading after CEO Jensen Huang admitted to having an illicit relationship with a person suspected to be a U.S. spy and said the company’s board had launched an investigation.The news triggered modest gains in other chip stocks, such as Intel…
By Chelsey DulaneyNvidia's shares fell 4% premarket after the AI chip giant's board said it was launching an investigation into reports that Chief Executive Jensen Huang has been the target of a foreign espionage effort.Read more about the investigation here.This item is part of a Wall Street Journ…