The Zhitong Finance App learned that on Monday, Nvidia (NVDA.US) continued to drop by more than 5% before the market, and its stock price had already broken 8 times, falling 22% from its all-time high. According to the news, Nvidia CEO Hwang In-hoon publicly acknowledged the affair on Sunday, and the company's board of directors immediately announced the launch of an independent investigation. Nvidia's board of directors issued a statement on the same day announcing the establishment of a committee composed of independent directors and the hiring of external independent legal advisers to investigate the Hwang In-hoon scandal. “The board of directors currently has no reason to believe that national security or Nvidia secrets have been leaked,” but “will review all available information,” the statement said. Hwang In-hoon expressed support for the investigation and will cooperate fully. A company spokesperson said he will continue to be CEO “without interruption.”

The Zhitong Finance App learned that on Monday, Nvidia (NVDA.US) continued to drop by more than 5% before the market, and its stock price had already broken 8 times, falling 22% from its all-time high. According to the news, Nvidia CEO Hwang In-hoon publicly acknowledged the affair on Sunday, and the company's board of directors immediately announced the launch of an independent investigation. Nvidia's board of directors issued a statement on the same day announcing the establishment of a committee composed of independent directors and the hiring of external independent legal advisers to investigate the Hwang In-hoon scandal. “The board of directors currently has no reason to believe that national security or Nvidia secrets have been leaked,” but “will review all available information,” the statement said. Hwang In-hoon expressed support for the investigation and will cooperate fully. A company spokesperson said he will continue to be CEO “without interruption.”