Nvidia Shares Fall as Board Launches Probe Into Reports
Nvidia shares fell premarket as investors assessed reports involving CEO Jensen Huang and an industry executive. The company’s board said it is launching a probe into the reports.
Story updates
10:03:19 AM UTC
SquawkNews
By Adam ClarkNvidia CEO Jensen Huang faces a huge test of his position following news he had a romantic relationship with an executive suspected of working for Chinese intelligence. The stock reaction suggests the market thinks he will hang onto his position.Nvidia shares were down 4.9% at $177.53…
By Jiahui HuangNvidia shares fell premarket as investors assessed the consequences of investigations into Chief Executive Jensen Huang's affair with an industry executive suspected of working for Chinese intelligence.The decline came as Nvidia's board said it is launching a probe into reports that…