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: Nvidia reportedly hit by cyberattack; chip maker says it is ‘investigating’

Nvidia Corp. has reportedly been hit by a cyberattack that has compromised internal systems at the largest U.S. chip maker by market capitalization.

On Friday, U.K.’s The Telegraph reported that internal systems at the company are “completely compromised,” citing an unnamed source. Email systems and developer tools at Nvidia
NVDA,
+1.72%

are said to have suffered from outages over the past two days, according to the report.

Asked for a reaction, a spokesperson for Nvidia told Marketwatch that there was “an incident” but that the company’s business and commercial activities were not affected.

“We are investigating an incident,” an Nvidia spokesperson told MarketWatch via an emailed statement.

“Our business and commercial activities continue uninterrupted,” Nvidia said. “We are still working to evaluate the nature and scope of the event and don’t have any additional information to share at this time.”

Awareness of cyberattacks are heightened particularly after Ukraine government and banking websites were hit prior to Russia’s invasion of the country.

Nvidia shares finished Friday up 1.7% at $241.57, for a weekly gain of 2.2%, while the S&P 500 index
SPX,
+2.24%

rose 0.8% on the week and the Nasdaq Composite Index
COMP,
+1.64%

gained 1.1%.

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