Nvidia Shares Drop Amid Board CEO Review
Asian markets experienced a fragile start to trade while Nvidia shares fell sharply in after hours trading. The board met to discuss the future of CEO Jensen Huang following recent allegations.
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Asian equities wobbled on Thursday morning as NVIDIA CORP shares plunged after-hours on reports that its board may oust longtime chief executive Jensen Huang. The board is convening to weigh leadership options following allegations that Huang had a relationship with a suspected spy for China and a company executive. The potential departure threatens to destabilize the central hardware supplier underpinning the global artificial intelligence sector.
