NVIDIA: Scandal over Jensen Huang's personal life triggers share price drop

NVIDIA: Scandal over Jensen Huang's personal life triggers share price drop
NVIDIA: Scandal over Jensen Huang's personal life triggers share price drop

According to The Wall Street Journal, NVIDIA CEO Jensen Huang may be dismissed from his position. A decision regarding his future is to be made at a board of directors meeting taking place today.

Impact of personal scandals on financial performance

The main cause of this development is cited as two facts concerning the executive's extramarital affairs. These news reports triggered a significant drop in the share price of the technology giant. Meanwhile, an "AI bubble burst" was recorded in the artificial intelligence market.

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