Nvidia, which plunged more than 4 percent on Monday, fell another 3.2 percent in early trading in New York on Tuesday.
The decline comes after the AI giant's board announced over the weekend that it had launched an investigation into CEO Jensen Huang's affair with a woman who has been identified as a Chinese spy.
The Nasdaq Composite, which is heavily weighted towards technology stocks, was also trading around zero. The broad S&P 500 was down 0.2 percent, while the Dow Jones Industrial Average was down 0.3 percent.
Interest rates are rising, and stock prices are under pressure from fresh figures showing that inflation increased more than expected in October, raising concerns about further interest rate hikes by the US Federal Reserve.
What do you think?