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Friday, November 13, 2026

Nvidia market cap plunges $490 billion following former CEO Huang’s affair scandals

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Nvidia (NVDA) has seen its market value drop by a staggering $490 billion as reports November 12 at 4:00:01 PM EST
169.84+3.65(+2.20%)
Pre-Market: 7:01:07 AM EST

Huang first acknowledged that he had engaged in an affair this past Sunday. While he did not identify the individual involved, reports have alleged that the person was Megaspeed executive Alice Huang, who is suspected of being a Chinese spy.

On Wednesday, The New York Times reported that Huang had a second affair with

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