Nvidia Shares Fall as Board Probes China-Linked Reports

Nvidia shares fell roughly 3.4% to 3.8% in overnight trading after CEO Jensen Huang acknowledged an affair and the company’s board opened an independent investigation into reports that he was targeted by a foreign intelligence effort linked to China. The board said it has no reason to believe national security or Nvidia’s secrets were compromised; Huang said he would cooperate and remains committed to leading the company. The reports have not accused Huang of wrongdoing, and no charges have been announced. Investors are weighing leadership uncertainty ahead of Nvidia’s upcoming earnings, while analysts say questions about Huang’s position could pressure a stock already facing concerns about valuation and AI spending. Hong Kong shares opened higher, with technology and semiconductor stocks among the gainers.