Michael Race
Business and economics reporter
Shares in Nvidia, the world’s second most valuable company behind Apple, have plunged almost 7.5% in after hours trading.
The chip making giant ended the day on Wall Street in postive terrority after a difficult few days following the news of an affair between CEO Jensen Huang and a woman alleged to be a Chinese spy.
But that has changed since the market closed, with reports of a second affair emerging.
Nvidia is widely considered one of the most important companies behind the artificial intelligence (AI) boom, given it is the sole manufacturer of a computer chip used in AI tools.
Its chips have become a matter of national security for US officials who are keen to win the AI race against China.
