Nvidia shares fell more than 4% on Monday, wiping about $200 billion from the AI chipmaker’s market value, after its chief executive admitted to an affair involving a woman suspected of spying for China.
The woman was identified by US intelligence as a former data centre executive. The spying allegations remain unproven.
Nvidia is the world’s top AI chipmaker. The company’s chief executive has acknowledged the affair, amid the allegations concerning the woman’s links to China.