• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Nvidia’s Huang Loses $10 Billion in His Biggest Wealth Wipeout

1 year ago
in Business, Features, highlights, Home, home-news, latest News
1 min read
0 0
0
82
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

President Mahama Touts Ghana’s Economic Rebound at General Assembly

President Mahama Calls for UN Security Council Reform, Reset of Global Financial System at 80th UNGA

New AfDB Review Highlights Inland Fisheries as Lifeline for Millions of Africans

Nvidia’s Huang Loses $10 Billion in His Biggest Wealth Wipeout

Nvidia CEO Jensen Huang’s wealth plunged the most ever after a rout in chip stocks and a report that the US Justice Department sent the tech firm subpoenas as part of an antitrust probe.

Jensen Huang’s net worth slumped about $10 billion to $94.9 billion, the biggest single-day dollar drop for him as per Bloomberg Billionaires Index.

The plunge followed a 9.5% drop in the shares of Nvidia which he co-founded. A spokesperson for Nvidia declined to comment.

Jensen Huang is the world’s 18th richest person and his wealth has grown by $51 billion year-to-date, even after the sharp drop, as per the index.

Nvidia is also in trouble as the US Justice Department sent subpoenas to the company as it seeks evidence that the chipmaker violated antitrust laws.

The DOJ had previously delivered questionnaires to companies and is now sending legally binding requests that oblige recipients to provide information, people in the know told Bloomberg.

Following this, the US government is likely to launch a formal complaint against Nvidia as well, the report claimed.

Source: bloomberg
Via: norvanreports
Tags: NvidiaNvidia’s Huang Loses $10 Billion in His Biggest Wealth WipeoutWealth Wipeout

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

No Result
View All Result

Highlights

This Gamechanger Could Charge up Africa’s EV Ownership

Bank of Ghana Prices 1oz Gold Coin at GHS 47,960

President Mahama Rings Nasdaq Bell to Court Global Investors

African Countries That Survive on Diaspora Remittances More Than Export Earnings

Ghana Boxing Authority Promises Enhanced Medical Care for Boxers Following Bahubali’s Tragic Death

Premier League: Hearts of Oak eye Second Straight win as Eleven Wonders Visit Accra on Friday

Trending

Business

President Mahama Touts Ghana’s Economic Rebound at General Assembly

September 25, 2025

President Mahama Touts Ghana's Economic Rebound at General Assembly President John Dramani Mahama has claimed early success...

President Mahama Calls for UN Security Council Reform, Reset of Global Financial System at 80th UNGA

September 25, 2025

New AfDB Review Highlights Inland Fisheries as Lifeline for Millions of Africans

September 25, 2025

This Gamechanger Could Charge up Africa’s EV Ownership

September 25, 2025

Bank of Ghana Prices 1oz Gold Coin at GHS 47,960

September 25, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.