Nvidia Shares Extend Losses
Nov 11, 2026
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Video Summary
AI GeneratedNVIDIA shares have plummeted over two sessions, erasing more than $470 billion in market value. The decline follows reports that CEO Jensen Huang's relationship with a Chinese businesswoman, Alice Huang, is under scrutiny. She is suspected of spying for Beijing and facilitating the illegal shipment of restricted chips to China. Both NVIDIA's board and the FBI have launched investigations.
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NVIDIA shares extended losses Tuesday,
putting the chipmaker on track
to lose more than $470 billion in market value
over two sessions, according to Reuters.
The decline comes amid scrutiny of CEO Jensen Huang's relationship
with a Chinese businesswoman suspected of spying for Beijing.
The information reported that Alice Huang helped facilitate shipments
of at least $7.5 billion in NVIDIA chips to Chinese companies.
NVIDIA's board launched an internal investigation Sunday,
while the FBI is separately examining whether Jensen Huang
was targeted by a foreign intelligence operation.
The information also reported that Alice Huang helped
move approximately 240,000 restricted NVIDIA chips
into China through a network of companies.
NVIDIA shares fell more than 6% Tuesday,
following a 4.3% decline Monday.
Reuters could not independently verify the reports.
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