Chinese netizens tally losses from Jensen Huang affair fallout
Chinese social media users are tallying who lost the most from Nvidia CEO Jensen Huang's affair fallout, with Nvidia stock plunging up to 9% Monday before closing 4% lower at $178.67, briefly cutting about $13 billion from Huang's holdings. Weibo users debated potential divorce costs under California community property laws, with some noting Lori Huang could theoretically claim half the fortune, while others highlighted investor losses and questioned the trust damage to Huang's reputation. The controversy follows Huang's Sunday memo admitting infidelity to his wife of over 40 years, as Nvidia's board investigates whether he was targeted by foreign intelligence, with attention centered on former Megaspeed executive Alice Huang.