Nvidia's out-of-hour shares fall as firm probes CEO Jensen Huang
SEOUL/SYDNEY: Nvidia shares fell in out-of-hours trading on Monday after an internal investigation into whether chief executive officer (CEO) Jensen Huang had been targeted by a foreign intelligence effort put his future at the artificial intellogence (AI) chipmaker under scrutiny.
Nvidia's shares fell in out-of-hours trading on Monday after an internal investigation into whether CEO Jensen Huang had been targeted by a foreign intelligence effort put his future at the artificial intelligence chipmaker under scrutiny. The investigation followed a media report that Huang had a close relationship with a Chinese businesswoman who allegedly passed information to Beijing.
Huang told Nvidia's employees that he had been unfaithful to his wife, without disclosing details of the relationship. The fallout extended to South Korea, where Huang's daughter, an Nvidia executive, cancelled a planned visit to Seoul for an Nvidia conference.
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