Nvidia Shares Slide After CEO Jensen Huang's Resignation Wipes Out Hundreds of Billions

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Nvidia's stock dropped sharply after the company announced that CEO Jensen Huang would step down, raising concerns about leadership continuity. Within a single week, the firm's market capitalization fell by close to $500 billion. Its shares are now roughly 30% below their October peak. Companies within the AI supply chain also took losses, while rivals gained ground. Investors are now focused on Nvidia's upcoming quarterly results for insight into revenue and future outlook.

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