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Jensen Huang Admits Extramarital Affair, Board Launches Investigation, CEO Succession Risk Draws Scrutiny

Jensen Huang Admits Extramarital Affair, Board Launches Investigation, CEO Succession Risk Draws Scrutiny

TradingKey – On November 9, Eastern Time, Nvidia (NVDA) traded lower in pre-market trading. As of press time, Nvidia shares were down 5.32% at $176.72, breaking below the intraday low of $180.62 set on April 9 and retreating to their lowest range since April.

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[Source: TradingView]

After Nvidia CEO Jensen Huang admitted being unfaithful to his wife and apologized to his family and employees, the company’s board of directors announced an independent investigation to review reports that he had been targeted by foreign intelligence operations, and whether Nvidia’s trade secrets and U.S. national security were affected.

Meanwhile, the U.S. Congress asked Huang to provide explanations regarding relevant contacts and the company’s security…

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