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Nvidia shares fell about 5% in premarket trading, amid estimates that the company could lose more than $200 billion in market value, after reports that CEO Jensen Huang was targeted in an espionage operation suspected of being linked to Chinese intelligence. The board formed a committee of independent directors, assisted by legal advisers, to investigate the matter and suspicions that advanced chips had been diverted to China. The board said it had no evidence that company secrets had been compromised. China denied the accusations, while Republican lawmakers called for a closed-door briefing with Huang on November 18.
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