Nvidia shares slump after Jensen Huang admits affair with alleged Chinese spy
Nvidia CEO Jensen Huang publicly admitted to cheating on his wife with Chinese businesswoman Alice Huang, who has been accused of passing sensitive information to Beijing. Nvidia shares fell as much as 8 percent at Monday's open before paring losses to around 4 percent.
China has rejected allegations that NVIDIA CEO Jensen Huang had a relationship with a woman accused of spying on behalf of China. The dispute could add a new source of tension to US-China relations.