Nvidia Stock Falls As Board Investigates CEO Jensen Huang

Nvidia's general counsel contacted U.S. Commerce Department investigators in August 2025 regarding a probe into Megaspeed, a Singapore-based company suspected of diverting Nvidia AI chips to China. The case was later transferred to the Justice Department, raising questions about Nvidia's influence. The Justice Department is now conducting a criminal investigation into Megaspeed.

Nvidia shares fell 6.4% to $174.7 after its board launched an investigation into reports that CEO Jensen Huang was targeted by foreign intelligence. The probe follows allegations about Huang's relationship with Alice Huang, an executive at cloud company MegaSpeed. The board stressed no evidence of compromised information but will examine all available data. China denied the accusations. Nvidia's chips are crucial for AI development.

Nvidia's stock fell 4% after the company launched an investigation into CEO Jensen Huang's relationship with a woman U.S. intelligence alleges is a Chinese spy. The probe could impact Nvidia's AI chip business and wiped out over $200 billion in value. Huang admitted to infidelity, and the board is overseeing the investigation, prioritizing national and economic security.

NVIDIA shares dropped 8% at market open after CEO admitted to an affair with a Chinese spy, according to reports.

U.S. stock indexes rose at open, with Nasdaq up 0.82%, Dow up 1.05%, and S&P 500 up 0.81%. Nvidia shares fell 8.8% after its board announced an investigation into reports involving CEO Jensen Huang, citing no evidence of compromised national security interests. The board expressed confidence in Huang's leadership.

Nvidia's shares fell over 8% amid a probe into CEO Jensen Huang's alleged affair with a Chinese spy. Tech shares rebounded, with the Nasdaq up 0.9%, and the Philadelphia Semiconductor Index up 1.9%. Oil prices dropped 5% on hopes of US-Iran peace talks. Analysts view Nvidia's decline as a one-off event, not a systemic risk. Nvidia's market cap reached $5 trillion last year. China denied the spying claims.