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Nvidia Shares Edge Higher As Spy Allegations Against CEO Draw Scrutiny

The company's stock fell more than 4% on Monday after Huang reportedly acknowledged being unfaithful to his wife in an email to employees

Nvidia And CEO Jensen Huang (Pic via X)

Nvidia shares edged 1.8% higher in premarket trading on Tuesday as investors assessed the fallout from allegations involving CEO Jensen Huang and a suspected Chinese intelligence operative.

The company's stock fell more than 4% on Monday after Huang reportedly acknowledged being unfaithful to his wife in an email to employees, saying he had fallen short of his responsibilities as CEO.

According to The New York Times, Huang allegedly had an affair with Alice Huang, an executive at Megaspeed, an Nvidia customer.

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The newspaper reported on October 29 that US officials had identified her as a Chinese intelligence asset suspected of passing information to Beijing and potentially facilitating the transfer of advanced Nvidia AI chips to China.

US President Donald Trump said on Monday that the FBI was investigating the matter. Speaking to reporters at the White House, Trump expressed confidence that Huang would be in good shape.

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