Nvidia CEO Scandal Hits Stock as FBI Probes Affair Claims

At a glance

Nvidia CEO Jensen Huang faces pressure to step down after reports he had an affair with a suspected Chinese spy. Huang has acknowledged the relationship, and Nvidia and the FBI are investigating.

Key points

1. 1

   Huang has acknowledged the extramarital relationship.

2. 2

   The scandal has wiped billions of dollars off Nvidia's value.

3. 3

   President Donald Trump, who is close to Huang, is also being asked what he knew and when.

4. 4

   Trump recently allowed Nvidia to resume some high-end chip sales to China.

Why it matters

Nvidia is at the center of the AI boom, so turmoil at its top could affect the wider AI industry and investment.