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Michael M. Santiago/Getty Images Nvidia shares continued to decline on Tuesday as the chipmaker responsible for much of the infrastructure behind the AI era dealt with the fallout over CEO Jensen Huang‘s admitted affair with an alleged Chinese spy.
The share price was trading around $166.70 as of noon on Tuesday, down roughly 6% from market open that day and reaching its lowest share price since March. The continued decline followed the CEO’s admission on Sunday that he had an affair with Alice Huang, a former executive at the Singaporean AI computing company Megaspeed who the New York Times reported was recruited by China’s Ministry of State Security to spy on the executive and learn more about Nvidia’s AI chips.
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