NVIDIA's stock price falls below $180, and the espionage allegations against Jensen Huang intensify
Ai Focus
NVIDIA's stock price fell 4.74% to $177.80 before trading on Monday, following a decision by the company's board of directors to initiate an independent investigation into CEO Jensen Huang. The investigation stems from reports by The New York Times and The Financial Times: U.S. intelligence agencies believe that a senior executive from cloud computing company Megaspeed, Alice Huang, transmitted information to Beijing and targeted NVIDIA's CEO. Jensen Huang stated to employees that he failed to fulfill his responsibilities and admitted to being unfaithful to his wife, while also saying that he will fully support the investigation. The board of directors noted that there is currently no reason to believe that national security or company secrets have been compromised.
NVIDIA's stock price falls below $180, and the controversy over espionage allegations against Jensen Huang intensifies
In pre-market trading on Monday, NVIDIA's stock price fell by 4.74% to $177.80, a decrease of $8.84 from the closing price of $186.64 last Friday. Previously, the company's board of directors had initiated an independent investigation into CEO Jensen Huang.
This review was initiated following reports by The New York Times and The Financial Times. According to the reports, U.S. intelligence agencies believe that a senior executive Alice Huang of the cloud computing company Megaspeed had transmitted information to Beijing and targeted the head of NVIDIA.
Jensen Huang told his employees that he did not fulfill his responsibilities properly and admitted to being unfaithful to his wife. He said that he will fully support this review.
The board of directors stated that there is currently no reason to believe that national security or company confidentiality has been compromised.
After this decline, NVIDIA's stock price is about 27% lower than its historical high of $243.37.
WalletJYS reminds readers to view blockchain rationally, stay aware of risks, and beware of virtual token issuance and speculation. All content on this site represents market information or related viewpoints only and does not constitute any form of investment advice. If you find sensitive content, please click“Report”，and we will handle it promptly。
