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Is Nvidia a Bad-News Buy or a Stock to Avoid?

The Motley Fool·
Is Nvidia a Bad-News Buy or a Stock to Avoid?

Nvidia launched an investigation into CEO Jensen Huang's relationship with a person U.S. intelligence agencies identified as a Chinese spy, causing the stock to fall 4.2%. While the company maintains Huang will continue leading without interruption, the uncertainty around a potential leadership change and possible increased chip export restrictions pose risks. At 19x forward earnings, the stock is considered cheap, but cautious investors may wait for investigation results before buying.

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