Nvidia Stock Price Falls Nearly 7%, Jensen Huang Faces New Charges
2026-11-12 07:34:20
According to CoinMeta, the stock price of Nvidia fell 6.96% in after-hours trading on November 11, dropping to $161.64, continuing the uncertainty regarding the company's leadership and governance. This sell-off coincides with new allegations regarding the personal relationships of CEO Jensen Huang. Nvidia is already facing reviews of its previously reported relationships, as well as an independent board of directors investigation into potential foreign intelligence issues. On Wednesday, the stock price of Nvidia fell 7.97% in after-hours trading to $159.89. Although the latest allegations against Jensen Huang have not been verified, these developments have increased doubts about the leadership of Nvidia. The board of directors of Nvidia announced an independent investigation on November 8, which focuses on foreign intelligence activities involving Jensen Huang. The company stated that investigators have no reason to believe that anyone has disclosed Nvidia's secrets or U.S. national security. A third-quarter financial report conference call is scheduled for November 17, when financial results will be announced.
Source:The Coin Republic
This content is for market information only and does not constitute investment advice.
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