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Nvidia Controversy and Internal Investigation Impact Semiconductor Stocks
Nvidia faces increased uncertainty following Jensen Huang's admission of an affair and an investigation into potential foreign intelligence targeting. The controversy has drawn attention to the semiconductor sector as several tech stocks registered losses. Nvidia shares fell 0.78%, Intel dropped 1.12%, and Dell declined 1.16%. Additionally, Cisco fell 0.77%, Micron dropped 0.55%, and Apple declined 0.41%. Market participants are monitoring whether the fallout will spread further across the market.