Colette Kress Faces $400bn Nvidia Selloff as Jensen Huang Affair Spreads

Colette Kress headlines Nvidia’s $400bn two-day value loss after Jensen Huang’s affair, as the company faces fresh scrutiny.

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Colette Kress Faces $400bn Nvidia Selloff as Jensen Huang Affair Spreads

Colette Kress now sits inside a market shock that stripped more than $400bn from Nvidia in two days after Jensen Huang’s affair became the focus of the story. Huang, 63, runs Nvidia, the company whose chips power AI.

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The loss was described as the costliest fling in human history. Nvidia’s graphics-processing units were compared with food blenders rather than kitchen knives, a reminder that the business sits at the center of AI infrastructure even as its market value was hit at speed.

Jensen Huang and Lori

Huang’s private life has been pulled into the public market story. As a teenager, he wooed Lori with the line: “If you do homework with me every Sunday, I promise you you’ll get straight As.” That detail gives the selloff a personal frame, but the numbers are what moved investors: a two-day decline of more than $400bn.

For Nvidia shareholders, the speed matters. A loss of that size over two days means the company did not just drift lower; it was repriced sharply while the scandal spread through the market.

Trump, Musk, and Nvidia

The article places Huang in a wider political and business circle. It says he is one of Donald Trump’s favourite businessmen, yet the US president takes no discernible action after being warned about the suspected spy link. Nvidia also stumped up at least $20m for Trump’s new ballroom, while Elon Musk backed Team Trump to the tune of $446m at the midterms.

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That is where the story stops being only about one executive’s affair. It becomes a test of how much influence a company tied to AI can absorb when its chief, its politics, and its valuation all collide at once.

US, China, and Nvidia chips

The background around Nvidia adds another layer. The US banned China from getting Nvidia’s top-of-the-range chips, and it has been more than a year since Nvidia was revealed to be selling some of its best stuff to a dilapidated storefront outside Kuala Lumpur. The article also says Tom Tugendhat demanded that every Russian in Britain be rounded up and expelled after Vladimir Putin invaded Ukraine.

That mix leaves one obvious question hanging over the market damage: whether the affair allegation and the suspected spy claim will trigger any official US action. The article does not say that anyone has moved yet, which leaves investors watching a company that lost more than $400bn in two days and a chief executive whose private life has now become market-moving news.

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Business reporter focused on retail, consumer spending, and the gig economy. Regular contributor to Bloomberg and MarketWatch.