On November 8, Nvidia’s board announced an independent investigation into reports that a foreign intelligence operation, described as Chinese espionage, targeted CEO Jensen Huang. Independent directors and outside legal counsel will oversee the inquiry. The board said it currently has no reason to believe company secrets or U.S. national-security interests were compromised, and expressed confidence in Huang’s leadership. Amid volatility driven by the allegations, technical support levels for Nvidia shares were identified at $181, $172, and $164.