Nvidia said on Sunday it is probing whether CEO Jensen Huang has been the target of a foreign intelligence effort, after a media report alleged he had a close relationship with a Chinese businesswoman who passed information to Beijing.
Huang said in a message to employees that he had been unfaithful to his wife and took "full responsibility" for his actions, while Nvidia said the CEO was committed to continuing to lead the company without interruption.
Nvidia falls more than 4% in premarket trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments