Once AI darling of shareholders, Nvidia sued by own stock buyers over CEO Jensen Huang affair; $420 bn lost in 2 days
Nvidia shareholders have sued CEO Jensen Huang and the company, alleging securities-law violations after Huang’s affair with Alice Huang, whose former employer, Megaspeed, faces scrutiny over possible chip shipments to China. Nvidia shares fell 4.27%, erasing $192.1 billion in market value.
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