Nvidia falls over 3.5% in after-hours trading
Odaily reports: According to MSX.COM data, Nvidia dropped 3.52% in after-hours trading, with the stock currently at $180.15.
On the news front, Nvidia's board of directors issued a statement on November 8 saying that in light of recent reports that the company's founder and CEO Jensen Huang became a target of an intelligence operation by a foreign intelligence agency, the board has decided to launch an independent investigation. The investigation will be led by a committee composed of independent directors, assisted by outside independent legal counsel. The board said there is currently no reason to believe that U.S. national security or Nvidia confidential information has been compromised, but the investigation will review all available information. Huang has expressed support for the review and pledged to cooperate with the investigation.
Nvidia fell 3.5% after hours after its board opened a probe into reports CEO Jensen Huang was targeted by foreign intelligence, flagging governance/security risk and softer AI/tech risk appetite; as an AI bellwether, its drop can pressure risk assets, so BTC/ETH are short-term bearish (weak).