Daniela Hathorn

Nvidia Shares Fall As Huang's Affair Triggers China Spying Probe

Huang, Andrea Orcel, Daniela Hathorn, Ermotti, Lagarde, Chad Thomas, Winnie Su, Tom McKenzie, Ben Ram, Anthony Halpin, Sergio Amati, Sarah Schollin, Oliver Crook, Chiara Albanese

NVIDIA CEO Jensen Huang faces an internal board investigation into a scandal involving an alleged affair with a suspected Chinese spy, drawing support from President Trump while the U.S. House Foreign Affairs Committee prepares to question chip lobbying strategies. Amidst this corporate turbulence, global markets staged a rebound driven by Taiwanese stabilization measures and tactical buying, even as hacked documents revealed Russia has suffered approximately 400,000 war casualties. Simultaneously, the financial sector advanced with record earnings at Unicredit and major consolidation deals, while artificial intelligence valuations climbed to $1.25 trillion despite analysts tempering expectations for a potential $2 trillion IPO.