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Why Nvidia and Jensen Huang Matter So Much to Markets

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Explainer Five Charts Show Why Nvidia Matters — and What’s Now at Stake It’s not often that a revelation about a relationship erases a trillion dollars of value from the stock market. But that’s what’s happened in the wake of media reports that a woman suspected of being an asset for Chinese intelligence had grown close to Nvidia Corp. Chief Executive Officer Jensen Huang, who acknowledged having an extramarital affair.

Explainer Five Charts Show Why Nvidia Matters — and What’s Now at Stake It’s not often that a revelation about a relationship erases a trillion dollars of value from the stock market. But that’s what’s happened in the wake of media reports that a woman suspected of being an asset for Chinese intelligence had grown close to Nvidia Corp. Chief Executive Officer Jensen Huang, who acknowledged having an extramarital affair. The wipeout speaks both to the chipmaker’s sheer size — at around $4 trillion, Nvidia’s market capitalization is comparable to the national economic output of Japan, the UK or India — and to the pivotal role of its leather-jacketed, celebrity CEO.
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Originally published by Bloomberg Technology Read original →