BUZZ - Nvidia stock falls as board launches investigation into CEO over espionage allegations

November 9 - ** NVIDIA (NVDA.O) shares fell 4.2% in pre-market trading

** The company stated that its board is investigating whether CEO Jensen Huang was ever a target of foreign intelligence activities (link), following media reports that he had close ties with a Chinese businesswoman who passed information to Beijing

** NVIDIA said there is no reason to believe US national security or company secrets have been compromised

** In a letter to staff, Jensen Huang admitted to being unfaithful to his wife and said he takes “full responsibility” for his actions

** NVIDIA said Jensen Huang has pledged to continue to lead the company “as always”

** So far this year, the share price is up approximately 0.08%

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