Nvidia Shares Rebound as CEO Faces Widening Board, FBI, and Congressional Probes

Nvidia shares rebounded about 1.8% in premarket trading to $181.94 after plunging 4.27% to $178.67 on Monday, which erased roughly $192 billion to $230 billion in market capitalization. The initial sell-off was triggered when Nvidia's board launched an independent investigation into CEO Jensen Huang after he disclosed an extramarital relationship with an executive at customer Megaspeed, who U.S. intelligence identified as an alleged Chinese spy. The White House and President Donald Trump confirmed an FBI investigation into the allegations, while House committee chairs requested a closed-door briefing on November 18 and shareholders filed a class-action lawsuit.