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Nvidia stock slide wipes out more than $20B in value for Jensen Huang over 5 days

来源:Fox Business · 美国 8 小时前
Nvidia stock slide wipes out more than $20B in value for Jensen Huang over 5 days
Fox Business

详细摘要

The declining share price of Nvidia this week has wiped out around $20 billion of the value of ex-CEO Jensen Huang's stock holdings in the company.

'The Big Money Show' panel analyzes the fallout from Nvidia CEO Jensen Huang's resignation.

The value of former Nvidia CEO Jensen Huang's stock holdings in the tech company have plunged more than $20 billion this week.

A September Securities and Exchange Commission filing showed Huang reporting beneficial ownership of approximately 811.5 million Nvidia shares, including about 70.1 million shares held directly and hundreds of millions more held through trusts and other entities.

Given Nvidia's closing share price of $186.64 on Friday Nov. 6, and with the price trading around $161 during the market session Friday, the value of Huang's holdings has declined by more than $20 billion this week.

The decline represents a reduction in the market value of the shares, rather than realized losses from stock sales. Huang's resignation does not automatically affect his ownership of the shares.

NVIDIA CEO JENSEN HUANG RESIGNS AMID INVESTIGATION INTO RELATIONSHIP WITH ALLEGED CHINESE SPY

21 October 2026, Berlin: Jensen Huang, co-founder and CEO of Nvidia, speaks during GTC Berlin. (Soeren Stache/picture alliance via Getty Images / Getty Images)

The company on Thursday announced that Huang had resigned from his roles as president, CEO and board member at Nvidia.

He stepped down from the company days after admitting to marital infidelity.

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