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Nvidia CEO Jensen Huang withdraws from events amid affair and spy investigation.

Market News
09 Nov 2026, 22:09 WIB
TechCrunch
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Bearish
Nvidia CEO Jensen Huang withdraws from events amid affair and spy investigation.

Nvidia CEO Jensen Huang has withdrawn from the ElevenLabs Summit and other speaking events following revelations of an extramarital affair and an investigation into his relationship with a possible Chinese spy. Huang apologized publicly for his actions, which have raised concerns about his leadership and Nvidia's strategic interests in China. The incident has caused significant disruption in the AI industry and may impact Nvidia's future direction.

Nvidia shares are trading at USD 177.80 on Pluang, down 4.74% as of Nov 10, 2026 03:21 WIB, reflecting notable market reaction. The stock's 52-week range spans from USD 165.17 to USD 239.27, with a market cap of $4.51 trillion and a dividend yield of 0.54%. This price movement occurs amid the controversy surrounding CEO Jensen Huang's withdrawal from the ElevenLabs Summit, which has stirred concerns about Nvidia's leadership and strategic direction.

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