Nvidia Turmoil: Stock Plummets Following CEO Huang's Resignation

Following the resignation of CEO Jensen Huang amid personal controversies, Nvidia's stock has plunged, wiping hundreds of billions of dollars off its market value.

Nvidia's stock has plummeted by approximately 13% as the company lost roughly $747 billion in market value in less than a week, according to reports from Maariv and various financial outlets. The turmoil follows the resignation of CEO and founder Jensen Huang, a move that has left markets uncertain regarding the company's future leadership.

According to reports from Globes and Behadrei Haredim, the ongoing scandal and the lack of a designated successor have sparked deep concern among investors and analysts. As the company's management works to navigate the crisis, further details regarding the long-term impact of the resignation and the status of the investigation have not yet been released.