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Nvidia shares rise premarket as Trump says FBI is looking into Huang
CNBC said President Donald Trump stated Monday that the FBI is looking into Nvidia CEO Jensen Huang after Huang denied knowing a woman he was involved with "was a spy" for China.
- Variety is now reporting this
- New headline Was: “Here’s what Trump said he knew about Jensen Huang”
- Our desk filed its story
- New headline Was: “Trump says FBI looking into Nvidia CEO's affair with alleged Chinese spy”
- Our desk updated its story
15 earlier updates
- New headline Was: “Trump says FBI looking into Nvidia CEO's affair with alleged Chinese spy”
- Our desk updated its story
- Dawn and Euronews are now reporting this
- New headline Was: “Trump says FBI investigating Nvidia boss's affair with alleged Chinese spy”
- Our desk filed its story
- New headline Was: “Nvidia CEO Huang drops ElevenLabs Summit appearance”
- forbes.com is now reporting this
- Wired and Global News are now reporting this
- New headline Was: “Asian chip stocks in South Korea and Taiwan gain despite Nvidia scrutiny”
- Our desk filed its story
- Yonhap, Aju Press and 3 more are now reporting this
- NVIDIA, Moneycontrol and Bloomberg are now reporting this
- New headline Was: “Nvidia board opens independent probe of Huang after China-intel reports”
- Our desk updated its story
- Our desk filed its story
President Donald Trump said Monday that the FBI is looking into Nvidia CEO Jensen Huang after Huang denied knowing a woman he was involved with "was a spy" for China, CNBC reported Tuesday1.
Trump said during a White House press conference that he had spoken with Huang, according to CNBC1. The newsletter also said a Los Angeles law firm filed a shareholder class action against Nvidia and Huang in federal court in San Jose, California, accusing them of false or misleading statements that present a material risk to the company1.
CNBC said lawyer Stephen Neal has been named the board's lead independent director in Nvidia's internal investigation of Huang1. The outlet said Nvidia shares were trading about 1% higher in premarket after falling more than 4% on Monday1.
CNBC also described mixed premarket trading in other chip names after Monday's broader rally and noted CoreWeave earnings due later Tuesday1. Whether federal investigators open a formal case, how the lawsuit proceeds, and whether Huang remains CEO were not established in the report1.
