Nvidia lost approximately $430 billion in market capitalization over two trading sessions. The decline comes as its CEO, Jensen Huang, faces unsubstantiated allegations that he was targeted by a Chinese espionage operation. The company’s board says there is no evidence that company secrets or U.S. national security information were compromised. Markets are now paying closer attention to Nvidia’s governance, potential U.S. export controls and the company’s upcoming earnings report on November 17, which could affect the stock’s performance.
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