NVIDIA Corporation
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Background
On November 6, 2026, the Financial Times reported Nvidia’s CEO Jensen Huang, had reportedly been involved in a romantic relationship with an individual working for China’s Ministry of State Security, who had been recruited to collect information.
That same day, Nvidia’s board announced an independent investigation “in light of recent reporting that founder and CEO Jensen Huang has been the target of a foreign intelligence effort.” In a memo to employees, Jensen Huang admitted, “I was unfaithful to my wife. My actions hurt her and our children.”
On this news, Nvidia stock fell as much as $16.40, or 8.8%, to $170.24 during intraday trading on November 9, 2026, thereby injuring investors.
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