Nvidia Board Probes CEO Jensen Huang as Taiwan Stocks Jump 6%
Asian markets rebounded on Monday, November 9, 2026, with Taiwan up 6%, while Nvidia's board opened an investigation into CEO Jensen Huang. Europe's main indexes were mixed to lower, and Nvidia's Frankfurt-listed shares fell 6%. Inflation data and central bank speeches loom this week.
Asia stocks roar back as Taiwan's market jumped 6%, even as a board investigation into Nvidia CEO Jensen Huang rattled the artificial intelligence trade on Monday, November 9, 2026.
Nvidia's board of directors has opened an independent investigation into its founder and chief executive. In Frankfurt, Nvidia's listed shares fell 6%.
What triggered the Nvidia probe
The probe follows a personal memo from Huang to employees. In it, he confirmed he had been unfaithful to his wife.
Reports have identified the woman as a suspected Chinese spy. According to those reports, U.S. intelligence agencies concluded she was an intelligence asset working for Beijing. China has denied spying on Huang, and Huang has acknowledged the affair.
The shock compounds a rough stretch for the stock. Nvidia shares had already come under heavy pressure last week, after a sell-off that followed the U.S. midterm elections.
Europe starts the week cautiously
European shares opened the week on a dour note. The pan-European STOXX 600 was down 0.1% in early trading, and Germany's DAX was flat. France's CAC 40 slipped 0.3%, and London's FTSE 100 fell 0.1%.
There were few major domestic corporate catalysts in Europe on Monday. Investors instead spent the morning digesting the news from Silicon Valley, along with a heavy slate of economic data due later in the week.
Data and central bank speeches ahead
Several European Central Bank officials are due to speak this week, including chief economist Philip Lane and President Christine Lagarde. Investors are also waiting for the latest U.S. Consumer Price Index (CPI) report, a measure of consumer inflation. It is expected to show headline inflation rising 0.3% month-on-month in October.
The euro zone's third-quarter gross domestic product (GDP) figures are also due. They will show whether the region has avoided a formal recession after months of energy-driven pressure on company margins.
Euro zone inflation recently hit a three-year high of 4.0% in October. Financial markets are already pricing in a strong likelihood of an ECB rate hike in December to counter those price pressures.
One bright spot in Europe: software group SAP gained after JPMorgan upgraded the stock, saying 'AI moves from pilot to production.'
