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Nvidia shares fell about 6% on Monday, wiping roughly $250bn off the company’s market value, after it announced an independent investigation into reports that chief executive Jensen Huang had been targeted by an alleged Chinese spy. Huang acknowledged an extramarital affair, denied no specific allegations, and said he would cooperate; Nvidia said it had no reason to believe its secrets or national security had been compromised. China rejected the espionage claims as groundless.
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