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NVIDIA and Jensen Huang Face Shareholder Class Action Lawsuit
14 hour ago /
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Author：小编
NVIDIA's board of directors announced the launch of an independent investigation into allegations concerning personal matters related to CEO Jensen Huang, drawing market attention to his future. On the 9th, NVIDIA's stock closed down 4.27%, with its market value shrinking by approximately $193 billion. Five minutes after the market close, NVIDIA and Jensen Huang were hit with a shareholder class action lawsuit accusing them of defrauding shareholders. Analysts believe that Huang, as the company's core pillar, would pose a huge succession challenge if he were to leave; the company lacks a mature succession plan and is unprepared for a large-scale leadership transition.
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