Nvidia loses $190 billion as Trump reveals new FBI probe Faizan Farooque Tue, November 10, 2026 at 6:26 AM EST 1 min read NVDA +0.46% 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.
Shares of Nvidia Corp. (NVDA, Financials) finished down more than 4% after President Donald Trump claimed the FBI was investigating charges between CEO Jensen Huang and a woman suspected of working for Chinese intelligence.Nvidia said Sunday it was probing internally if Huang was the subject of a foreign espionage operation, prompting government investigations.Trump claimed he had spoken to Huang, who indicated he knew nothing about the woman's purported intelligence ties.The charges are linked to Huang's dealings with a former CEO of Singapore-based Megaspeed, who was apparently investigated by U.S. officials.Huang has admitted to cheating on his wife but has not responded publicly in detail to the intelligence charges. The Chinese Foreign Ministry dismissed the allegations as groundless.Nvidia stated the board of directors had faith in Huang's leadership. Most observers do not anticipate the inquiry to drive him out, although they accept there is uncertainty over the succession.Huang, who owns around 3.6% of Nvidia, is a significant figure in business strategy and customer ties.Shareholders also filed a proposed class-action lawsuit Monday, saying Huang and Nvidia suppressed details regarding the connection.Meanwhile, lawmakers expressed concerns about China's access to sophisticated AI technology, adding to the possible regulatory pressure.The next catalyst will be the conclusion of Nvidia's internal inquiry and any developments in the alleged government probe or shareholder action.
