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Chinese billionaire halts Nvidia investments after CEO Jensen Huang resigns amid scandal

Market News
13 Nov 2026, 23:37 WIB
New York Post
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Bearish
Chinese billionaire halts Nvidia investments after CEO Jensen Huang resigns amid scandal

Leo KoGuan, a Chinese billionaire and major Nvidia investor, announced he will stop investing in Nvidia following CEO Jensen Huang's resignation due to an extramarital affair scandal. Despite believing Nvidia's future remains strong, KoGuan plans to shift his investments to other tech firms like SpaceX and Alphabet. Nvidia's stock has dropped about 6% since the scandal broke, raising concerns about the company's direction without its long-time leader. KoGuan expressed hope to invest in any future ventures led by Huang.

Nvidia's market cap stands at $4.01 trillion as of Nov 14, 2026, 04:51 WIB, with a 1-day price drop of 2.51% on Pluang. Trading volume is high at 740,019,481 shares, and the platform shows a majority of sell orders at 59%. This activity reflects notable investor caution following recent leadership changes, while typical hold time on Pluang is 117 days.

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