Nvidia shares fell again on Tuesday, extending a two‑day slide that has erased nearly $500 million in market value as the company confronts controversy surrounding CEO Jensen Huang’s alleged affair with a suspected Chinese spy.
The decline follows a previous drop on Monday, together accounting for the roughly $500 million loss in the chipmaker’s market capitalization, according to market data reported on Tuesday.
The company’s board and investors are now grappling with the fallout from the personal scandal involving Huang, which has drawn intense media scrutiny and raised questions about potential security implications.
Industry analysts note that Nvidia, a leading designer of graphics processing units and a key player in artificial‑intelligence hardware, is particularly vulnerable to executive‑related disruptions, which can affect investor confidence and stock performance.
Despite the recent turbulence, Nvidia remains one of the world’s most valuable technology firms, with its products widely used in gaming, data centers and AI research, underscoring the broader market impact of the ongoing controversy.
<small>Source: CBS News — read the original story there.</small>