FeesSafety
Pluang+

NVIDIA CEO's affair linked to $7.5B chip exports to China, sparking export-control probe and stock drop.

10 Nov 2026, 19:10 WIB
24/7 Wall Street
View Source
Bearish
NVIDIA CEO's affair linked to $7.5B chip exports to China, sparking export-control probe and stock drop.

NVIDIA CEO Jensen Huang's personal affair reportedly facilitated shipments of $7.5 billion worth of NVIDIA chips to China through a network of companies, raising serious export-control concerns. This revelation contradicts NVIDIA's public claims of minimal China data center business and has triggered an internal investigation and FBI scrutiny. Despite record revenue growth, the scandal casts a shadow over NVIDIA's governance and compliance practices, causing a significant stock price decline. Investors await the company's November 17 earnings report for clarity on export compliance and regulatory actions.

Nvidia shares have fallen sharply by 6.21% on Pluang as of Nov 11, 2026 00:21 WIB, reflecting investor reaction to the export-control concerns. The stock price stands at USD 167.58, well below its 52-week high of USD 239.27. Trading volume remains high at 456,756,830 shares, indicating active market participation amid the ongoing scrutiny.

More News (NVDA)

Microsoft market value tops $4T, closing gap with Nvidia amid leadership probe at Nvidia.

Microsoft market value tops $4T, closing gap with Nvidia amid leadership probe at Nvidia.

Microsoft's market value rose to $4.048 trillion, narrowing the gap with Nvidia, which is valued at $4.314 trillion. Nvidia's lead has shrunk from $1.84 trillion in early October to about $266 billion due to an ongoing board investigation into CEO Je...

Market News
Neutral
5 hours ago
S&P 500 shows signs of bottoming with strong dip buying despite AI fears and earnings pressure.

S&P 500 shows signs of bottoming with strong dip buying despite AI fears and earnings pressure.

The S&P 500 is signaling a market bottom as dip buying remains strong at key support levels following the midterm elections. Despite media-driven concerns about Nvidia and AI data center investments, market price action remains constructive, indicati...

Neutral
5 hours ago
Cathie Wood's ARK Invest buys 90,443 Nvidia shares amid CEO scandal, betting on the company's strong growth.

Cathie Wood's ARK Invest buys 90,443 Nvidia shares amid CEO scandal, betting on the company's strong growth.

ARK Invest, led by Cathie Wood, purchased 90,443 Nvidia shares on November 9, 2026, following news of an independent investigation into CEO Jensen Huang's personal conduct. Despite Nvidia's stock dropping 4.27% that day, ARK added to its existing pos...

Market News
Neutral
5 hours ago
TSMC stock seen rising 27% as Nvidia-driven chip demand outpaces supply in 2026

TSMC stock seen rising 27% as Nvidia-driven chip demand outpaces supply in 2026

Taiwan Semiconductor Manufacturing Company (TSMC) is projected to gain nearly 27% upside with a price target of $515.81, driven by strong demand from Nvidia and other chipmakers. Despite a recent price pullback, TSMC reported better-than-expected Q3 ...

Analyst Insights
Bullish
6 hours ago
Odds of Nvidia CEO Jensen Huang leaving rise to 18% amid scandal involving AI chip smuggling probe.

Odds of Nvidia CEO Jensen Huang leaving rise to 18% amid scandal involving AI chip smuggling probe.

The probability that Nvidia CEO Jensen Huang will resign or be removed has risen to 18% by year-end and 23% by March 2027, following a scandal involving suspected AI chip smuggling linked to Megaspeed International, where Huang's partner was an execu...

Market News
Bearish
7 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App