How Nvidia's scandal knocked thousands off your 401(k)
GlobeAlert Desk · curated from Axios · North America
Nvidia's near-30% stock plunge in the last month is a drag on the retirement savings of millions of Americans, many who may not realize just how much their investments are tied to the scandal-engulfed chip giant.Why it matters: Nvidia's enormous weight in popular index funds means even those who have never purchased a single share of the company could feel the pain of its corporate upheaval in their 401(k)s. The resignation of CEO Jensen Huang after he had an affair with an alleged Chinese spy may have cost an average Baby Boomer thousands of dollars, according to an Axios analysis of outside
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