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Nvidia lost $500 billion after its co-founder quit

Jensen Huang stepped down following reports of personal misconduct and government intelligence inquiries. Some employees want him brought back.

Nvidia lost $500 billion after its co-founder quit

Nvidia lost about $500 billion of its market value by Thursday afternoon following the departure of co-founder and chief executive Jensen Huang. The drop came after reports of misconduct and government intelligence inquiries. Some employees submitted notes urging the board to bring him back, while others demanded transparency about his exit.

Stephen Witt, a biographer of Jensen Huang, wrote that the executive maintained a culture of silence inside the company and had little tolerance for disagreement. CNBC reports that investors are debating whether to buy the stock now that it has fallen.

About Nvidia

American multinational technology company

Share price
$162.85−2.01% last trading day
Market value
$3.9 trillion2026
Revenue
$216 billiona year, 2025
Employees
42,0002026
Founded
1993
Based in
Santa Clara
Chief executive
Colette Kress
Owned by
ShareholdersNasdaq: NVDA

From Wikipedia and Yahoo Finance. Figures can be a year or two old.

Reported and written by MYB News.

Figures as reported by Intelligencer.

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