Disclose current Nvidia shareholding value, MP urges EPF
An opposition MP has urged EPF to disclose the value of its current shareholdings in Nvidia and whether the retirement fund suffered losses due to the controversies implicating the tech firm’s former CEO, Jensen Huang.
Following reports that EPF held Nvidia shares worth about RM5.6 billion as of June 30, Tasek Gelugor MP Wan Saiful Wan Jan said contributors must know the risks faced given the market uncertainty the chipmaker has to grapple with.
“Although EPF’s stake in Nvidia is relatively small compared with its total assets worth RM1.54 trillion, contributors have a right to know if the current situation affects their contributions, and more importantly, how this risk is managed.
“I want EPF to explain the current value of its shareholdings in Nvidia, the original acquisition price of the shares, and whether it suffered losses today.
“EPF also needs to explain how the risks of fluctuations in technology stocks and geopolitical developments are taken into account in its investment decisions,” he said in a statement.
The Wawasan vice-president said he does not want contributors to panic since EPF’s annual dividends are determined based on the overall performance of its investments and not just one company.
Nevertheless, Wan Saiful said EPF must not stay silent on the Nvidia situation, adding that the retirement savings of Malaysians must be protected through transparent, prudent, and responsible management.
Earlier, CNBC reported that Nvidia stock sank another 2.01% on Friday, closing below US$4 trillion in market cap for the first time since July 2025 as investors navigate the fallout from Huang’s resignation following allegations of extramarital affairs, one of which involved an alleged Chinese spy.
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