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Nvidia ‘honeytrap’ scandal rocks AI industry as tech stocks recover from slump – business live

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Rolling coverage of the latest economic and financial newsNvidia opens investigation after report CEO Jensen Huang was target of foreign intelligenceNvidia’s shares are expected to drop when Wall Street opens later today. Deutsche Bank analyst Jim Reid reports:Asian equity markets are rallying this morning after Wall Street’s rebound on Friday, although concerns surrounding an internal investigation involving Nvidia CEO Jensen Huang are capping gains. The company is down around -3.5% on...

Rolling coverage of the latest economic and financial news

Nvidia’s shares are expected to drop when Wall Street opens later today.

Deutsche Bank analyst Jim Reid reports:

Asian equity markets are rallying this morning after Wall Street’s rebound on Friday, although concerns surrounding an internal investigation involving Nvidia CEO Jensen Huang are capping gains.

The company is down around -3.5% on platforms that provide weekend prices.

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Originally published by The Guardian Business Read original →