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Nvidia loses $470B as CEO scandal deepens

Nvidia shares extended losses on Tuesday, putting the chip giant on track to shed more than $470 billion in market value over two sessions as concerns mounted over the fallout from CEO Jensen Huang's affair with a Chinese woman accused of spying for Beijing, Korea Times reports. The internal investigation into whether Huang was targeted by a foreign intelligence effort has put his future at the AI chipmaker under scrutiny, with shares declining on Monday as well. Business Korea reports the scandal has also sparked watch in the global automaker industry, which relies on Nvidia chips. Korean outlets are closely covering the affair, which Huang admitted to, involving Alice Huang, a businesswoman suspected of working as a spy for the Chinese government, according to KBS World. The scandal has raised questions about Nvidia's future and drawn attention to how China obtains Nvidia chips for AI development, with Korea Times noting the affair has emerged as a significant national security concern for the United States.

  1. Nvidia heads for $400 bil. 2-day wipeout as CEO affair fallout deepens Korea Times · 2026-11-10
  2. Nvidia's shares slide as chip giant probes CEO over spy claims Korea Times · 2026-11-10
  3. Nvidia Scandal Sparks Auto Industry Watch Business Korea · 2026-11-09
  4. Nvidia CEO Jensen Huang Admits Affair with Suspected Chinese Spy KBS World · 2026-11-09
  5. Alleged spy plot targeting CEO Jensen Huang raises questions about Nvidia's future Korea Times · 2026-11-10
  6. 'Honey trap': Nvidia spy scandal puts Korea on alert Korea Times · 2026-11-10
  7. How China gets the Nvidia chips it needs to develop AI Korea Times · 2026-11-10

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