From Livemint
Owned by HT Media Ltd.Nvidia Corporation stock falls 13% in five days amid Jensen Huang controversy: Which equity mutual funds are exposed?
What's behind this
Nvidia shares have fallen 13% in five days as controversy surrounding CEO Jensen Huang puts pressure on the US chip maker, prompting questions about which equity mutual‑fund schemes hold the stock and how the decline could affect their portfolios. The trouble began after reports of Huang’s close relationship with a data‑center executive accused of spying for China. Further tension surfaced when Bessent and Lutnick clashed over the blacklisting of Alice Huang‑linked Megaspeed, while Kang Wei, Alice’s husband, publicly acknowledged her relationship with Huang and joked about it.
AI-generated overview from 4 outlets. It summarises their reporting and adds no reporting of its own.
RSS excerpt
Nvidia shares have come under pressure amid controversy surrounding CEO Jensen Huang. Several mutual funds hold the US chip giant's stock. Here's a look at which schemes are exposed and how the stock's decline could affect their portfolios.
