Nvidia stocks tumble as CEO investigated over spy claims | First Thing
Summary
Nvidia has opened an independent investigation into CEO Jensen Huang after reports that he was targeted by a foreign intelligence effort linked to a Chinese businesswoman accused of passing information to Beijing. The article also covers the opening of COP31 in Turkey, U.S. political developments after the midterm elections, and a shooting in Kraków.Key Facts
- Nvidia shares fell 5% in premarket trading after reports about the alleged intelligence effort.
- Nvidia’s board said it had no reason to believe U.S. national security or company secrets had been compromised.
- Republican lawmakers asked Huang to brief House foreign affairs and intelligence committees on Nvidia’s security protocols.
- More than 90 heads of state and government and officials from nearly 190 countries are expected at COP31 in Antalya, Turkey.
- COP31 is co-hosted by Australia and Turkey and is focused on carrying out existing targets to cut greenhouse gas emissions and support people affected by climate change.
- The article says Republicans lost both chambers of Congress in the midterm elections.
- Trump said his deportation policy was too tough and offered to negotiate with Democrats, while elevating Stephen Miller to White House chief of staff.
- Polish police said the suspect in a Kraków shooting had died.
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