Nvidia/Jensen Huang scandal and Megaspeed probe

NYT reports a US probe into Megaspeed chip smuggling was halted after Nvidia intervened. This comes on top of reports about Jensen Huang's relationship with a suspected Chinese spy, and NVDA fell ~4.6% to about $178 while the rest of tech rallied.

An account on X relays the NYT report that a Commerce Department chip-smuggling probe was moved to DOJ after Nvidia's lawyers made contact. Another account on X says the scandal is widening. Another account on X reports NVDA down 4.6% to $178 and the board opening an independent probe. Traders are split. Two accounts on X are buying or selling puts into the dip, while another account on X says it looks worse for Jensen. Another account on X RTs that Huang may travel with Trump to APEC to meet Xi. CT also drew parallels to ETH's underperformance (another account on X). Nvidia earnings are about 8 days away.