If You’re an Nvidia Shareholder During the CEO Scandal… Get Ready! $NVDA
Nvidia’s board just launched an investigation into its own CEO. Jensen Huang, the man who started Nvidia and built it into one of the most valuable companies on Earth, has admitted to an affair. There are reports that the woman involved was working for Chinese intelligence. The stock is now down about 30% from its record high, in just 5 weeks. And almost 17% of that came in the last week alone. And the timing could not be worse. Nvidia reports earnings on November 17th, and the very next day, Congress wants Jensen in a closed-door meeting on the 18th.
So how far will Nvidia fall? Will Jensen Huang even still be the CEO when this is over? And if the most important company in AI loses the man who built it, what happens to the entire AI industry? We are going to answer all these questions, and before we’re done, we will analyze Nvidia stock to determine what it’s worth, in the event you own it or want to buy it.
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