Nvidia heads for $400 bil. 2-day wipeout as CEO affair fallout deepens

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Nvidia shares continued to fall by more than 6% on Tuesday after a 4.3% decline in the previous session, with the company about to lose over $470 billion in stock market capital in just two days. Investors are concerned about the consequences of Director General Jensen Huang's relationship with a Chinese businessman suspected of espionage for Beijing, Reuters reports.

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Nvidia shares are losing ground for another day on the stock market following reports of a relationship between company CEO Jensen Huang and a Chinese businesswoman suspected of spying for Beijing. The tech giant's market value could shrink by about $400 billion in just two trading sessions, Reuters reported.

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Nvidia's shares increased losses on Tuesday and may lead Nividia to lose $400 billion in market value in two days, according to the agency Reuters. There are concerns about the consequences of CEO Jensen Huang's extramarital relationship with a Chinese businesswoman pointed out as Beijing's alleged spy. The executive's relationship with Alice Huang would have helped enable the sending of at least $7.5 billion in Nvidia chips to Chinese companies…