Summary

  • Nvidia stock rose more than 5% in premarket trading on the day of Jensen Huang’s congressional testimony.

  • Sen. Kevin Cramer says Huang should go, citing an “extremely high” risk of extortion.

  • Options imply a 2.5% move today, with the earnings report six days away.

Read the original article “Nvidia Stock Rises 5% as Senator Calls for Jensen Huang to Step Down: Why Are Buyers Returning?” by Lockridge Okoth on id.beincrypto.com