As of 5:45 a.m. Eastern Time, NVIDIA's stock price fell by 4.5% in pre-market trading, which means that approximately $190 billion in market value was erased based on the closing price on Friday.

In the past month, this stock has fallen by 20%.

Jensen Huang co-founded NVIDIA in 1993 and has witnessed the company's rapid rise; with the surge in demand for its chips driven by the artificial intelligence boom, NVIDIA's market value has reached trillions of dollars.

Legendarial bond investor Mohamed El-Elian posted on X, saying: "The so-called 'key person risk' is particularly prominent here, and it is doubtful whether the market has fully taken this risk into account."

Revelations about Jensen Huang's personal life

In late October, The New York Times reported that U.S. intelligence agencies discovered that Jensen Huang has close ties to Alice Huang. Alice Huang is an executive at a data center company in Singapore and is also a Chinese citizen.

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U.S. officials suspect that the company's business involves transporting NVIDIA's advanced artificial intelligence chips to China, and have identified it as a Chinese intelligence asset, according to reports.

At that time, a spokesperson for NVIDIA told The New York Times: "The contact between Jensen and Ms Huang was neither unusual nor surprising."

On Sunday, Jensen Huang sent a memo to his employees, admitting that he was "unfaithful" to his wife Lori Huang. The couple has been married for over 40 years.

NVIDIA's board of directors has launched an investigation into whether its CEO has become a target of a "foreign intelligence operation."

He wrote, "My actions have hurt her and our child. There is no excuse for what I did. I am deeply sorry. I support this investigation and will cooperate fully."