Nvidia's stock dropped over 4 percent following the announcement of an independent board investigation into whether CEO Jensen Huang was targeted by a Chinese intelligence operation involving a former executive from partner company Megaspeed. Despite Huang admitting in an employee letter to marital infidelity while committing full cooperation, the board emphasized that there is currently no evidence that national security or trade secrets were compromised. The probe, occurring alongside broader AI industry political pressure following US midterm election results and data center ballot restrictions, has put Huang's leadership under scrutiny, though market analysts consider his removal unlikely even as wider tech indexes rallied.
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