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Nvidia shares plunge amid Jensen Huang scandal

Nvidia's forward price-to-earnings ratio has fallen to around 12 times, its lowest level in 14 years, following a sharp drop in share price after CEO Jensen Huang's resignation coincided with an FBI investigation into his affair with an alleged Chinese agent. The company faces a shareholder lawsuit alleging investors were misled about the spy affair. In South Korea, SK hynix shares plunged more than three percent on Friday as the fallout continued.

  1. Nvidia’s Forward P/E Hits 14-Year Low as Huang’s Exit Sends Shares Tumbling Business Korea · 2026-11-13
  2. Jensen Huang Resigns as Nvidia CEO, Ending 33-Year Leadership Business Korea · 2026-11-13
  3. Nvidia and Jensen Huang face shareholder lawsuit alleging investors were misled about spy affair Korea Times · 2026-11-11
  4. SK hynix Shares Plunge More than 3% as Nvidia Fallout Continues KBS World · 2026-11-13

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