14 Hrs
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الاقتصادية
Source: الاقتصادية
14 Hrsالاقتصادية
Source: الاقتصادية
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Nvidia shares fell as much as 14% at Thursday’s open, pushing its market value below $4 trillion for the first time since 2025—and below $3.8 trillion—after CEO Jensen Huang resigned following revelations of two extramarital affairs, one with a woman suspected of spying for China. The losses wiped as much as $601 billion off the company’s market capitalization, while the stock has fallen about 35% from its record high in early October. The company appointed CFO Colette Kress as interim CEO and board member Harvey Jones as its first board chair. The decline came amid investor concerns about the sustainability of AI spending and ahead of the company’s third-quarter results, after at least seven Wall Street firms downgraded the stock over the past week.
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