Nvidia Stock Falls on Report of CEO Probe Over Alleged Spy Effort Nauman Khan Mon, November 9, 2026 at 8:40 AM EST 1 min read NVDA -5.33% Trade NVIDIA 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 (NASDAQ:NVDA) shares slid about 5% in early Monday trading after the AI chipmaker's board opened an independent investigation into reports that CEO Jensen Huang, a company co-founder, was the target of a foreign intelligence operation.
Foreign intelligence operations are typically efforts by another country's spy services to gather information or influence a person of interest, such as a senior executive.
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A committee of independent directors will oversee the review, with outside legal counsel assisting. Independent directors are board members who do not work in company management.
The board said it has confidence in Huang and his leadership team. Huang supports the probe and has agreed to cooperate, it added.
Directors said they have no reason to believe national security or Nvidia's confidential information was compromised. Even so, the inquiry will examine all available information.
The reports have raised questions about information security, oversight of customer relationships and possible leadership disruption at the company. The scope of the review appears broad, and its outcome could shape how investors weigh those risks.
