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Nvidia CEO Jensen Huang speaks during a doorstep after attending the AI Ecosystem Reception in Tokyo, Japan, 16 July 2026. Photo: Reuters
Shares of Nvidia sank 13% in opening trading Thursday after Chief Executive Jensen Huang resigned from the chipmaker following revelations he had an affair with a woman accused of spying for China.
With the latest declines Nvidia has lost about $800 billion this week since the revelations shook the company, whose chips have been at the forefront of an expected multi-trillion dollar buildout of artificial intelligence infrastructure.
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