00:00NVIDIA lost more than $200 billion in market value as its board investigated allegations
00:05involving its chief executive. Shares fell about 4.4% on November 9, even as other technology
00:12stocks rallied. The uncertainty surrounds Jensen Huang, whose company makes chips powering much
00:18of the artificial intelligence industry. Reports say a foreign intelligence operation allegedly
00:23targeted Huang through a personal relationship with a business executive. Huang acknowledged
00:28the relationship and said he'd cooperate fully with the investigation. But the spying allegations
00:34haven't been proven. NVIDIA says its board currently has no reason to believe company secrets or
00:40American national security information were compromised. Independent directors are leading
00:45the review, supported by outside lawyers. The board has also expressed confidence in Huang.
00:50NVIDIA hasn't announced a leadership change. The investigation's findings, not proven espionage,
00:56are what investors are waiting for. Disclosure. This video contains stock footage and content
01:01created or enhanced using AI-assisted tools.
