Nvidia CEO Jensen Huang resigns amid spy scandal, stock plunges 14%

rtbf.be (French) —

Nvidia CEO Jensen Huang has resigned following a corporate espionage scandal, triggering a nearly 14% stock plunge to $149.79 in early Thursday trading, erasing hundreds of billions in market value. The company's board met this morning to discuss Huang's ouster after the spy incident emerged days ago. The Nasdaq Composite fell 1.47% and the S&P 500 dropped 0.90% as Wall Street absorbed the shock. Investors now question whether the selloff signals a prolonged downturn or if the market will deem the punishment excessive, with Nvidia's future leadership direction remaining uncertain.


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