Nvidia stock fell 4.27% to $178.67 as investors sued Jensen Huang over alleged disclosure failures tied to reports of a Chinese intelligence investigation.
Nvidia-linked perpetual futures fell more than 4% on Hyperliquid and Kalshi as the company's board opened an independent investigation into reports involving CEO Jensen Huang.
Binance captured 44% of Nvidia perpetual futures volume over the weekend as traders reacted to a board probe involving CEO Jensen Huang.
Why is crypto down? Bitcoin slide as AI stocks crash and Nvidia CEO Jensen Huang faces an investigation over alleged Chinese spy links.
Shares had already lost 22% by Friday, while a semiconductor ETF fell 30.5% over the same month-long window.... Read the full story at The Defiant
Independent directors will oversee the review with outside counsel's help. The board backed Huang and said it had no reason to believe national security or company secrets were compromised.......
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