Nvidia shares decline as company investigates China espionage allegations

Chipmaker Nvidia saw a decline in its stock value after launching an investigation into an alleged Chinese espionage scandal. The company's board of directors has taken action to examine the claims. The investigation came to light after the company's CEO, Jensen Huang, admitted to having a relationship. Huang's statement led the board to initiate a review. Nvidia shares lost value following the news. The company has not made an official statement on the matter. Market analysts note that the investigation could raise concerns about the company's corporate governance practices. However, no concrete impact on the company's operational activities has been reported yet. Not investment advice.

📊 NVDA — Piyasa Yorumu

▼ down · 55%

NVDA is already under strong selling pressure; a decline exceeding 10% in 24 hours and an RSI level of 36 point to short-term weakness. The MACD is below its signal line and the price is clearly below both SMA20 and SMA50, indicating a downward trend. News of a Chinese espionage investigation could fuel negative sentiment by heightening geopolitical and regulatory risk. However, the RSI approaching oversold territory and the news not yet containing any concrete sanctions suggest the sharp decline may remain limited. For this reason, I forecast a downside but cautious outlook for the next 1-3 days.

RSI 14

36.0

MACD

-4.87

24h Δ

-10.29%

Canlı Grafikler