Trump says FBI probing Nvidia CEO Huang
President Trump confirmed the FBI is investigating Nvidia CEO Jensen Huang over ties to a suspected Chinese spy. Nvidia shares fell as the board launched an internal probe into the matter.
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NVIDIA CORP shares fell 4.2% on Monday after the company launched an internal investigation into CEO Jensen Huang over his relationship with a suspected intelligence asset from China. The probe follows disclosures that the woman allegedly passed information to Beijing, thrusting the chipmaker's leadership into uncertainty. The controversy threatens to disrupt the world's most valuable semiconductor manufacturer at the height of the artificial intelligence boom.
