By Johnny Rice, The Motley Fool
Publication Date: 2026-11-09 23:30:00
Nvidia Corporation (NASDAQ:NVDA) stock fell 4.3% on Monday, Nov. 9, after the company’s board opened an investigation into its own CEO, Jensen Huang.
The S&P 500 (SNPINDEX:^GSPC) and the Nasdaq Composite (NASDAQINDEX:^IXIC) finished up 2.4% and 2.8%, respectively.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
Why Nvidia’s board is investigating Jensen Huang
On Sunday, Nvidia’s board of directors said it was opening a probe into recent reports that Jensen Huang was the target of a foreign intelligence effort. In a letter to employees, the Nvidia chief admitted to intimate relations with Alice Huang, an executive of the cloud computing company Megaspeed. Alice Huang is an alleged Chinese asset, according to reporting from the New York Times (NYSE:NYT).
The board said it had no reason to believe national security or Nvidia’s secrets were compromised and said that it “has confidence in Jensen and his leadership team.”
What the Jensen Huang probe could mean for Nvidia stock
The story broke at an already sensitive time for chipmakers and the AI trade. Three House Republican committee chairs have already asked Jensen Huang for a closed-door briefing on Nov. 18, and it’s possible…