Nvidia shares fall as Jensen Huang-related concerns impact Asian markets
The Nvidia board of directors has launched an investigation into allegations that CEO Jensen Huang had a relationship with a businesswoman accused of transferring technology to China. Following this development, the company's shares fell 8.6 percent in after-hours trading.
The Nvidia board of directors met to discuss allegations that CEO Jensen Huang had a relationship with a businesswoman accused of facilitating the transfer of intelligence and advanced chips to China. The company confirmed that an investigation into the allegations against Huang is underway.
The allegations have raised national security concerns in the U.S. Huang's connection to an individual linked to technology transfers to China has directly impacted the company's market value. Nvidia shares fell 8.6 percent in after-hours trading following the news.
This situation was also felt in Asian stock markets on Thursday, November 12, 2026. While a general downward trend was observed in regional markets, pressure on AI-focused stocks increased. Japan's Nikkei 225 index lost 0.1 percent, Taiwan's Taiex index fell 1.2 percent, Australia's S&P/ASX 200 index dropped 0.4 percent, and Hong Kong's Hang Seng index declined 0.9 percent. The Shanghai Composite Index finished the day up 0.2 percent.