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Spy Claims Hit Nvidia CEO
Nvidia shares fell about 5% on November 9, 2026, wiping roughly $250 billion off its market value, after the company opened an internal investigation into allegations that its CEO, Jensen Huang, had been targeted in a foreign espionage operation. The investigation followed reports linking Huang to a former executive at Singaporean company Megaspeed, whom U.S. authorities have identified as an agent of Chinese intelligence. Beijing denied the allegations, while Nvidia’s board reaffirmed its confidence in Huang, amid concerns that he has no clear successor.
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