Jensen Huang Watch posted an update
Nvidia’s recent share-price fall has put Korean investors in the line of fire: The Korea Times says they held about $13.65 billion in Nvidia shares, with roughly 800,000 retail investors owning stock.
Why it mattersThe paper estimates a $2.4 billion loss in value if those investors kept their holdings through a fall of nearly 15%. That is an estimate, not a tally of realised losses. The report links the sell-off to controversy around Nvidia chief executive Jensen Huang. The company’s board has said it is investigating recent reporting, while claims about Huang and the board’s intentions remain claims, not settled findings.
Discuss: When a CEO’s personal controversy moves billions on paper, how much responsibility should investors expect the company to bear?
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