Jensen Huang revealed another extramarital affair and may be dismissed, causing Nvidia to plunge 9% in after-hours trading. Should we liquidate our positions or buy at the bottom now?
Jensen Huang's extramarital affair scandal continues to escalate. This time, the trigger was his second extramarital affair, which reportedly involved Huang having an extramarital affair with Kimberly Powell, the vice president of Nvidia's healthcare business who reports directly to him! Following the news, Nvidia's (NVDA) stock price, which was already on the verge of collapse, plummeted again, falling by more than 10% at one point during the session. The probability of Huang Renxun leaving the company skyrocketed instantly, and the board of directors was planning to hold a meeting to decide to remove him from his position as CEO. What really forced the board to take action was not personal ethics, but the relationship between his direct subordinates! This clearly violates corporate interests and relevant regulations. The CEO is the soul of a company, so should we sell off our holdings or buy Nvidia (NVDA) at the bottom?