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    Trump, Elon Musk and Bill Ackman back Nvidia CEO Jensen Huang after affair admission amid Chinese spy probe

    Donald Trump, Bill Ackman and Elon Musk have backed Nvidia CEO Jensen Huang after he admitted to being unfaithful to his wife. Their reactions come as the company's board investigates reports that Huang was targeted by a foreign intelligence operation involving a Chinese businesswoman.

    I was unfaithful to my wife: Nvidia CEO Jensen Huang admits secret affair with Chinese spy Alice Huang; all you need to know about the controversy

    Nvidia CEO Jensen Huang admitted to having an extramarital relationship with a business executive. Reports suggest that the executive may have connections to Chinese espionage activities. Nvidia's board has initiated an independent investigation to examine these allegations thoroughly. US lawmakers have requested a briefing to understand potential national security issues related to the case. Huang remains the CEO, while the investigation seeks to clarify any risks to the company.

    Explained: Why Nvidia shares dropped 4% in overnight trade and what analysts warn can trigger a bloodbath?

    Nvidia shares dropped over 4% after CEO Jensen Huang acknowledged an affair with Alice Huang. Jensen Huang's relationship with Alice, a Chinese national, raised security concerns following intelligence reports. Nvidia has initiated an investigation into these allegations, although the board believes no secrets were compromised. Analysts suggest the company's upcoming earnings report will be crucial for market sentiment. Concerns linger over Huang's position if further evidence of wrongdoing emerges.

    Nvidia shares drop 5.75% after reports of probe into Jensen Huang's alleged link to Chinese spy

    Nvidia's stock plunged by more than 5 percent amid an inquiry into CEO Jensen Huang's connections to a businesswoman linked to intelligence work. Chris Weston emphasized that this growing uncertainty is detrimental for Nvidia's shares, particularly as the data center sector thrives. The inquiry also disrupted corporate interactions among Nvidia leaders. Analysts cautioned that the ongoing probe could have ripple effects on semiconductor investments across multiple regions.

    Nvidia stock in focus: 3 key risks after Jensen Huang probe
    South Korean shares rebound as chipmakers recover from AI-driven selloff

    South Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recovery following Wall Street gains and government assurances over Nvidia GPU supply continuity, despite remaining net selling pressure from foreign investors.

    The Economic Times
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