Summary

It’s just about the most relentless and pulpy headline imaginable: Nvidia CEO Jensen Huang admitted to an affair, with a woman who’s an alleged Chinese spy no less. The news bombshelled on Sunday, and the market reacted viscerally on Monday: Nvidia closed down 4.3%, with about $230 billion in shareholder value wiped out, as other tech companies like Google and Meta saw share price upticks (welcome after Thursday’s Nasdaq nightmare) . And yes, the luridness certainly drew attention, as did the national security concerns now subject to investigation.

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