Nvidia shares drop over 6%, now third largest company

Nvidia's shares fell more than 6% amid scrutiny of CEO Jensen Huang's alleged affair with a woman believed to be a Chinese spy. The stock dropped to $167.35, resulting in a loss of over $400 billion in market value since the revelations, pushing Nvidia to third place among the world's largest companies. Investigations are underway regarding whether Huang was targeted in a foreign intelligence effort. This situation raises concerns about Nvidia's future, reputation, and potential leadership changes, as shareholders and officials demand clarity on the matter. The company, valued at over $4 trillion, plays a crucial role in the AI sector. Law enforcement and Congress are involved in the inquiry, highlighting the significant implications for Nvidia and its stakeholders.