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Nvidia CEO Jensen Huang's infidelity allegations, board investigation, and stock price decline

CBS News +2 · ·by G4L

NVDA NVIDIA Corp
$168.89 -5.47%
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SPCX +0.72%
  1. 1CEO Jensen Huang apologized after admitting to infidelity toward his wife.
  2. 2The Nvidia board conducted an independent investigation into the allegations of Jensen Huang's infidelity.
  3. 3Nvidia's stock price fell 10% over the last two trading days, resulting in a $450 billion decline in market capitalization.

So what's the key point?

Nvidia CEO Jensen Huang admitted to and apologized for seeing someone else while married to his wife. Because of this, Nvidia's stock price dropped 10% over two days.

Source CBS News +2 · View original ↗

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