Nvidia Shares Plunge As Board Probes CEO Over China Spy Reports
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AI chip behemoth Nvidia was plunged into turmoil Monday after CEO Jensen Huang acknowledged having an affair, with reports saying US officials believe the woman was spying for China.Beijing denied the claim, but shares of the chipmaker tumbled after Nvidia’s board opened an inquiry into reports that Huang was “the target of a foreign intelligence effort.”Near 1610 GMT, Nvidia shares were down 5.5 percent after losing nearly nine percent earlier in the session. (FILES
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