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Nvidia stock falls as Jensen Huang faces unexpected probe

Via GuruFocus.com

Nvidia stock falls as Jensen Huang faces unexpected probe Faizan Farooque Mon, November 9, 2026 at 6:21 AM EST 1 min read NVDA -4.85% 005930.KS +0.64% TSM +1.21% SKHY -2.34% Explore stocks on Coinbase Trading disclosure Trading disclosure The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational.

Nvidia Corp. (NVDA, Financials) shares were down around 3.4% in after-hours trading after the firm said it had started an internal inquiry into whether a foreign espionage attempt had targeted CEO Jensen Huang.The probe followed suspicions about Huang's ties with a former CEO of Singapore-based Megaspeed, who purportedly came under surveillance by U.S. intelligence.Huang has acknowledged an extramarital affair but has not spoken publicly at length about the intelligence accusations.Nvidia's stock was trading at $180.30 on other trading venues, compared with its Nasdaq close of $186.64 on Friday.The uncertainty also impacted efforts in the company's Asia operations. Huang's daughter and Nvidia executive Madison Huang canceled a scheduled trip to South Korea to speak with technology firms.But key Asian suppliers to Nvidia remained in recovery mode following last week's chip selloff. Shares of TSMC jumped 6.5%, Samsung Electronics surged 2.9% and SK Hynix gained 4.7%.Analysts said a prolonged inquiry may delay certain investment choices or product launches, but it would be tough to displace Nvidia's dominance in sophisticated AI processors.South Korean officials stated they do not foresee any interruption to supply of contracted Nvidia GPUs.The next catalyst will be Nvidia's response to the internal investigation and whether the review impacts Huang's leadership or the company's operations.

Read original at Yahoo Finance News

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