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Nvidia shares fall amid Jensen Huang scandal as semiconductor earnings await

Stocktwits +6 · ·by G4L

AMAT Applied Materials Inc
$380.95 -3.58%
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  1. 1Nvidia shares plunged in Wednesday night trading following reports of an inappropriate relationship involving CEO Jensen Huang.
  2. 2Cerebras is projected to report third-quarter revenue of $274.9 million and an expected adjusted loss per share of $0.23.
  3. 3Applied Materials expects fourth-quarter revenue to increase 51% to $10.3 billion and adjusted profit to increase 87%.

So what's the key point?

Nvidia's stock price dropped significantly due to reports regarding the CEO's personal matters. The market is now waiting for earnings reports from other semiconductor companies.

Source Stocktwits +6 · View original ↗

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