Nvidia, the American technology giant whose chips power much of the global artificial intelligence industry, is facing a sharp drop in the stock market amid the growing controversy surrounding its CEO, Jensen Huang.
￭ According to the Business Times, Nvidia shares fell more than 6% on Nov. 10, after falling 4.3% on Monday, causing the company to lose more than $470 billion in market value over two trading sessions.
￭ The decline comes amid allegations surrounding Huang's extramarital affair with Alice Huang, a Chinese businesswoman suspected by US intelligence of being linked to Chinese espionage. These claims have not been independently proven.