NVIDIA CORP shares tumbled nearly 4% on Monday following reports that CEO Jensen Huang faces an internal probe over an extramarital affair and alleged espionage. The development hits the tech sector at the start of the week, compounding anxieties after its worst week in well over a year. As Huang steers the global artificial intelligence buildout, investors are now pricing the risk of executive upheaval.
Nvidia Shares Slide on CEO Investigation
Nvidia shares dropped after CEO Jensen Huang faced an investigation over an affair and alleged spying. Markets weighed the risks to the key AI leader alongside rising Federal Reserve rate hike bets following strong payroll data.
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