Nvidia under pressure from Jensen Huang spy allegation and chip-count questions
Nvidia faces a mix of unverified allegations about its CEO and a reported undercount of chips sold through partners, with the stock testing lows. China has denied the spy claim.
What we know
Market news accounts relay a Bloomberg report that Nvidia gave the government an inventory account undercounting chips sold to Megaspeed through hardware partners by roughly 50,000 units, worth billions. Separately, China has called the allegation that a Chinese female spy exploited Jensen Huang unsubstantiated, though the original allegation is unconfirmed. Commentators frame it as a coordinated power grab, also unverified. A trader says NVDA hit $170 at the low and sees possible further downside ahead of earnings.
What people are posting
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“Bloomberg says $NVDA subsequently gave the government an inventory account that undercounted chips sold to Megaspeed”
View post →“China responds to the claim that a “Chinese female spy” exploited Jensen Huang”
View post →“$NVDA Today this one got to 170 at the lowest”
View post →By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.