Nvidia’s value tumbles by $430bn since spy allegations, as major US law firm hired to investigate claims – business live

Rolling coverage of the latest economic and financial news The allegations over Nvidia are testing relations between Washington DC and Beijing, according to the top US diplomat in China. Ambassador David Perdue told Bloomberg Television: “The situation with Nvidia is another reminder that we have to stay diligent. “National security is part of this economic conversation because economic security is national security. And so, what we’re doing with China is bumpy right now.”