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Nvidia Market Value Sinks Below $4 Trillion After Huang Resigns

Bloomberg Technology Thursday 12 November 2026, 14:37 UTC By Carmen Reinicke and Ryan Vlastelica 1 min read
Key Points

Nvidia Market Value Sinks Below $4 Trillion After Huang Resigns Nvidia Corp.’s stock plunged at the open Thursday, taking the chipmaker’s market capitalization below $4 trillion for the first time since 2025, after Chief Executive Officer Jensen Huang resigned following the revelation of two affairs, one with a suspected Chinese spy. The shares were down as much as 14% in early trading, dropping to their lowest since June 2025, erasing as much as $601 billion in market value. If that holds...

Nvidia Market Value Sinks Below $4 Trillion After Huang Resigns Nvidia Corp.’s stock plunged at the open Thursday, taking the chipmaker’s market capitalization below $4 trillion for the first time since 2025, after Chief Executive Officer Jensen Huang resigned following the revelation of two affairs, one with a suspected Chinese spy. The shares were down as much as 14% in early trading, dropping to their lowest since June 2025, erasing as much as $601 billion in market value. If that holds through the close, it will be the largest one-day market capitalization wipeout for any stock ever.
Nvidia Market Value Sinks (ORG) Huang Resigns Nvidia Market Value Sinks (ORG) Huang Resigns Nvidia Corp.’s (ORG) Jensen Huang (PERSON) Chinese (ORG)
Originally published by Bloomberg Technology Read original →

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