Nvidia shares tumble over investigation into Huang's affair with alleged Chinese spy

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Hundreds of billions of dollars have been wiped off the value of Nvidia after the US chipmaker announced an independent investigation would be carried out into its chief executive's affair with an alleged Chinese spy. The tech firm saw its shares fall by about 6% on Monday after Jensen Huang admitted having an extramarital affair. Nvidia's probe came after reports that the US believed the Nvidia boss had been targeted in an espionage campaign by China. However, China has rejected the claims, with its Foreign Ministry saying "allegations about Chinese spies were "entirely groundless, speculative and intended to smear and malign China".