Nvidia CEO Resigns and Data Center Lease Guarantees Put to the Test
NVDA NVIDIA Corp
$162.85 -2.01%
View chart & analysis → - 1CEO Jensen Huang resigned on Thursday and stepped down from the board.
- 2Nvidia shares fell approximately 14%, erasing $590 billion in Nvidia's value.
- 3Nvidia's maximum data center lease guarantee of $108.5 billion remains in place according to the contract.
So what's the key point?
Nvidia CEO Jensen Huang has decided to leave the company. Following this news, the stock price fell by more than 14%, significantly reducing the company's value.
Source CRE Daily · View original ↗
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