Nvidia confirmed reports that co-founder and CEO Jensen Huang had an extramarital affair with a businesswoman suspected by U.S. intelligence agencies of being a Chinese spy. The company’s board opened an investigation, while China dismissed the allegations as “smears against China.” The United States could restrict shipments of H200 chips to China, block future architectures such as Blackwell and close loopholes used to export artificial intelligence chips to Southeast Asia. Nvidia shares were down roughly 6% in premarket trading on Monday after falling nearly 8% the previous week, although several analysts maintained their ratings and price targets.
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