From India TV
Right Owned by Independent News ServiceNvidia shares fall 5.75% as CEO Jensen Huang admits to affair with alleged Chinese spy after expose
What's behind this
At the Web Summit, a scandal involving Nvidia and its CEO Jensen Huang sparked a sharp reaction in the tech sector. Nvidia’s shares fell more than five percent on Wall Street on Tuesday afternoon. A California lawsuit filed on Monday accuses the company and Huang of misleading investors by not disclosing his relationship with a woman alleged to have passed critical information to Beijing. The case has drawn scrutiny over alleged intelligence links and $7.5 billion in AI‑chip shipments to China, placing Nvidia and its investors in a geopolitical storm.
AI-generated overview from 6 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 6 outlets
Announcement came after Huang admitted to board that he had been intimate with a business executive whom US intelligence determined was gathering information for Beijing
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center · 8 outlets
A shareholder has sued Nvidia and its CEO, Jensen Huang, accusing them of deceiving investors in their responses to media reports about Huang's affair with a purported Chinese spy that threatens national security. The complaint comes after President Donald Trump said the FBI is investigating the…
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right · 7 outlets
US President Donald Trump said he had spoken to Nvidia CEO Jensen Huang amid allegations that the tech billionaire was involved in an affair with a woman suspected of spying for China. Trump said he believed Huang was unaware of her alleged links to Chinese intelligence.
— India TV
RSS excerpt
Shares of US chip giant Nvidia fell more than 5 per cent during out-of-hours trading on Monday, following an investigation into whether CEO Jensen Huang was targeted in a foreign intelligence operation. Nvidia shares fell sharply by 5.75 per cent. Nvidia-linked perpetual futures on the Hyperliquid…