Nvidia-linked perpetual futures and after-hours shares fall to around $180.30 after chipmaker examines possible foreign intelligence targeting of Jensen Huang
SYDNEY: Nvidia shares fell about 3.4% in after-hours and perpetual futures trading on Monday after the world’s most valuable chipmaker said it was investigating whether Chief Executive Officer Jensen Huang had been targeted in a foreign intelligence effort, Reuters reported.
Perpetual futures on the Hyperliquid exchange and after-hours share trading on the Blue Ocean system showed Nvidia shares at approximately $180.30, down from Friday’s Nasdaq closing price of $186.64.
The decline followed the company’s disclosure that it was examining the possibility that Huang had been targeted by a foreign intelligence operation. The company has not disclosed further details about the alleged effort or identified any suspected parties.
Nvidia, a leading manufacturer of artificial intelligence chips, has become a major player in the global technology industry as demand for advanced processors used in AI development continues to grow.