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    NVDA STOCK DOWN AFTER NVIDIA EARNINGS EXPLAINED

    South Korean shares rebound as chipmakers recover from AI-driven selloff

    South Korean shares rebounded on Monday as benchmark index KOSPI rose over 1.5%. Chip giants Samsung Electronics and SK Hynix led the recovery following Wall Street gains and government assurances over Nvidia GPU supply continuity, despite remaining net selling pressure from foreign investors.

    Tech firms claw back some losses after midterms rout, eyes on Nvidia

    Tech firms rose Monday to claw back some of last week's painful losses fuelled by AI regulation worries, though traders were keeping a wary eye on a probe into Nvidia boss Jensen Huang amid claims of an affair with a Chinese spy. The executive, Alice Huang -- also known as Huang Le, and no relation to 63-year-old Taiwanese-born Jensen -- developed a close relationship with the Nvidia boss, the Times said.

    Nvidia opens probe into CEO Jensen Huang over affair with woman suspected of spying for China

    Nvidia has launched an independent probe into CEO Jensen Huang over an affair with a Chinese executive suspected by US intelligence of working for Beijing. Huang admitted to being unfaithful and apologised. The investigation will examine potential national security risks and possible exposure of company secrets.

    “No excuse for what I did”: Read Jensen Huang’s full letter to Nvidia staff on his affair with alleged Chinese spy

    In a message to company employees released Sunday, Huang acknowledged having an affair and apologized to both his family and company staff. "I was unfaithful to my wife," he said. "My actions hurt her and our children. There is no excuse for what I did. I am deeply sorry."

    Global Market Today: Asian stocks open mostly higher, Nvidia probe looms

    Benchmark stock indexes rose in Japan and Australia after a gauge of US semiconductor shares jumped 4.2% on Friday as speculation about possible tighter Democratic party regulation of the artificial intelligence industry eased. The MSCI Asia Pacific Index of equities gained 0.5%.

    Is Cathie Wood betting on the next stage of the AI boom amid Wall Street’s tech stock crash, buying SpaceX and Nvidia while selling $120 million in Broadcom stock?

    Cathie Wood is buying AI stocks while Wall Street is selling them. ARK Invest purchased nearly $49 million in SpaceX and $46 million in Nvidia after Thursday’s tech sell-off wiped out more than $3 trillion in US market value. But it sold $119.7 million in Broadcom and $20 million in CoreWeave. The contrasting trades raise questions about Wood’s AI strategy.

    The Economic Times
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