Nvidia shares slide after CEO discloses relationship in memo
In short
Nvidia shares fell about 5% in premarket trading after CEO Jensen Huang told employees about a romantic relationship in a memo. The move would cut about $225 billion from the company’s market value.
The drop matters because it puts pressure on Nvidia stock and adds scrutiny to the AI chip leader’s management.
What the reporting says
Nvidia shares slid about 5% in premarket trading after CEO Jensen Huang disclosed a romantic relationship in a memo to employees. The reported drop would translate to roughly $225 billion in market capitalisation.
Why it matters
Nvidia shares fell about 5% in premarket trading after CEO Jensen Huang disclosed a romantic relationship in a memo to employees.