Nvidia Sees No Reason Its Secrets Were Compromised. Shares Fell.

Nvidia's board said Sunday it has no reason to believe national security or company secrets were compromised. Fox Business said the shares still fell more than 4% in Monday morning trading, and a CNBC update showed them about 6% lower. Neither reading is a closing price or a chip invoice.

The board is investigating Chief Executive Jensen Huang's reported relationship with a woman U.S. intelligence suspected of spying for China. Huang apologized Sunday for being unfaithful. The BBC reported that he is committed to continuing as chief executive and that Nvidia does not believe U.S. national security was compromised.

China's Foreign Ministry on Monday called the spy allegations groundless. The BBC also said it understands Singapore is investigating Megaspeed, a data-center firm previously linked to chip-diversion claims Nvidia says were debunked. That Singapore point was not backed by a government notice in the available report. No new export rule or chip price was announced.

Does the Nvidia inquiry change what a buyer pays for a chip? No chip price or sales restriction was announced. The new facts are the board's no-compromise statement, Huang's plan to stay, and a lower Monday share price.