Nvidia shares and crypto‑linked futures drop after board opens probe into CEO’s possible foreign intelligence targeting

Nvidia announced that its board will investigate allegations that CEO Jensen Huang was the target of a foreign intelligence operation. The news sent Nvidia’s stock down about 3.4% in after‑hours trading to roughly $180.30, and its Hyperliquid NVDA‑USDC perpetual futures fell about 3.8% to $180.50. The board said no evidence of compromised security has been found, and Huang said he will cooperate while remaining in his role.

The share‑price decline erases roughly $1.1 billion of market value, creating short‑term volatility for investors. Ongoing uncertainty around the investigation could keep the stock under pressure until the board releases further findings.

  • 1Nvidia shares fell about 3.4% in after‑hours trading to around $180.30, down from Friday’s Nasdaq close of $186.64.
  • 2Hyperliquid NVDA‑USDC perpetual futures traded at $180.50, down 3.8% from the prior day.
  • 3Trading volume in the NVDA‑USDC contract over the 24‑hour period was about $170 million.
  • 4Nvidia’s board announced it would open an investigation into whether CEO Jensen Huang had been targeted by a foreign intelligence effort.
  • 5The board said it has no evidence that national‑security or company secrets were compromised.
  • 6Huang acknowledged an extramarital relationship, apologized to employees, and said he will fully cooperate with the board’s investigation while remaining CEO.

Sources