Nvidia shares slide as CEO faces independent probe over alleged Chinese ties
Nvidia’s shares fell about 5% in pre‑market trading after the company announced an independent investigation into chief executive Jensen Huang.
Nvidia’s shares fell about 5% in pre‑market trading after the company announced an independent investigation into chief executive Jensen Huang. The Guardian reported that the probe follows reports that Huang had a close relationship with a Chinese businesswoman accused of passing information to Beijing.
The board said in a statement that it “had no reason to believe that either US national security or Nvidia secrets were compromised,” and that the inquiry would examine all available information. Republican lawmakers have expressed alarm, asking Huang to give the House foreign affairs and intelligence committees a closed‑door briefing next week on Nvidia’s “security protocols against foreign adversary espionage.”
The investigation comes as the tech firm grapples with heightened scrutiny over its security practices. While the company has not disclosed further details, the board’s statement and the lawmakers’ request signal a growing concern about potential foreign influence on a leading chipmaker.
Why it matters
The probe highlights worries that foreign espionage could affect a major technology company, prompting possible tighter oversight of its security measures.
Key details
- Location
- China · Asia
- Reported by
- The Guardian
- First reported
- Key names
- Thing, CEO, Jensen Huang, Chinese
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
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