🔥 NVDIA took the SPOTLIGHT today.

Nvidia plunged as much nearly 9% at the open, briefly wiping out nearly $400 BILLION in market value.

$NVDA reached $170 before recovering to around $177 – 180.

Meanwhile, the rest of the chip sector RIPPED.

The Philadelphia Semiconductor Index rose ~5% after crashing 12.25% on Thursday.

Early Monday moves:
$AMD +9.5%
$MRVL +9.2%
$AVGO +7.9%
$MU +6.0%
$NVDA -3.8%

Nvidia is under pressure after CEO Jensen Huang admitted to an affair with a businesswoman alleged to be a Chinese spy.

Nvidia’s board has opened an independent probe into whether he was the target of a foreign intelligence effort during the weekend.

$MVLLB
$GNS
$SOXLB