Nvidia Shares Fall 6.6% as Broadcom and AMD Rise

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Nvidia shares fell 6.6% in early trading after the company disclosed an investigation into allegations that CEO Jensen Huang had been targeted by a foreign intelligence effort. Chip rivals Broadcom and AMD rose as Nvidia declined.

Shares of Nvidia fell 6.6% in early trading in the wake of the company’s disclosure that it was opening an investigation into allegations that CEO Jensen Huang “has been the target of a foreign intelligence effort.” Meanwhile Nvidia rivals in the chip world, Broadcom and AMD, were both up more ...

Security Politics Markets AI & Tech Nvidia Jensen Huang foreign intelligence share decline Broadcom AMD semiconductors

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