NVIDIA Loses $190 Billion as Chinese Espionage Allegations Trigger Lawsuit and National Security Probe

Highlights

• NVIDIA shares fell 4.27% on November 9, erasing roughly $190 billion in market value following espionage allegations involving CEO Jensen Huang.
• The board launched an independent investigation while shareholders filed a proposed class-action lawsuit alleging misleading disclosures.
• President Trump confirmed the FBI is examining the matter; China denies the espionage allegations.
• REEx had warned on November 5 that foreign intelligence risks extend across semiconductor and rare earth supply chains.
• Congressional committee chairs requested a November 18 briefing from Jensen Huang on foreign intelligence risks and company security practices.