ChipsFinancial Timesabout 8 hours ago
Nvidia Shares Fall 10% on CEO Scandal
4 min read
Nvidia shares fell as much as 10% Wednesday after reports revealed CEO Jensen Huang had an affair with a direct report and a separate affair with an alleged Chinese spy. Analysts downgraded the stock, with Bernstein cutting its price target to $200 from $400. The company is scheduled to report quarterly results on Nov. 17.
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