Nvidia market cap drops below $4 trillion following CEO jensen huang's resignation

Nvidia Corp.'s stock experienced a sharp decline at the market open on Thursday, causing the chipmaker's total market capitalization to fall beneath the $4 trillion mark. This valuation level has not been reached by the company since 2025. The significant drop followed the announcement that Chief Executive Officer Jensen Huang had stepped down from his position. The resignation was precipitated by the revelation of two extramarital affairs involving Huang, one of which involved an individual suspected of being a Chinese spy.