BREAKING: NVIDIA ERASES ABOUT $470 BILLION IN TWO DAYS

📉 NVDA fell 4.3% on Monday, then another 5.5% on Tuesday to close at $168.80. On Monday the Nasdaq rose 2.7%, yet Nvidia was the only stock in the chip index to fall.

⚖️ The board hired law firm Wachtell Lipton and former acting US Attorney Joon Kim to lead the independent probe. A shareholder sued Nvidia in San Jose for failing to disclose the affair. The DOJ is running a criminal probe into Megaspeed with the FBI and BIS.

💬 Huang returned to the office on Monday, apologized at the morning meeting, took no questions, and carried on as usual. Earnings land on November 17, the closed-door congressional briefing follows on November 18.

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