Nasdaq Futures Fall as Nvidia Drops
Nasdaq futures fell after Nvidia shares dropped on reports that its board is weighing the ouster of CEO Jensen Huang. The artificial intelligence heavyweight slumped in premarket trading, dragging down other chipmakers and related stocks.
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Nasdaq 100 futures fell 226.25 points, or 0.79%, during Thursday morning trading after reports that NVIDIA Corp's board weighed ousting CEO Jensen Huang. The artificial intelligence bellwether dropped 7% in premarket trading following reports involving two extramarital affairs by its longtime leader. The leadership uncertainty threatens to upend capital concentrated in companies considered indispensable to the AI economy.
