From NDTV
Owned by Adani Group (AMG Media)Nvidia Stock At 15-Year-Low P/E: Buy The Dip Or Wait Out The Jensen Huang Scandal?
What's behind this
Alice Huang was barred from re‑entering Singapore, a development reported amid the ongoing Nvidia saga. The saga has seen Nvidia CEO Jensen Huang resign, with Colette Kress named interim chief executive, and the company’s shares tumble sharply. Reports have linked Alice Huang’s firms to Chinese interests, describing her as a “Chinese ‘spy’” and noting investments in DeepSeek and promises of Nvidia’s Blackwell chips. The broader context includes Nvidia’s strategic shift from graphics cards to a semiconductor leader through investments in GPUs, CUDA and artificial intelligence.
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Wall Street is split between the near-term risk of losing Nvidia's founder-CEO and a valuation the stock has not seen in about 15 years.