Nvidia shares fall over 8% after board meets on CEO Jensen Huang’s future

Briefing by News4U · First published

Nvidia shares fell more than 8% in after-hours trading on Wednesday as its board met to discuss CEO Jensen Huang’s future amid reports of his extramarital relationships, including one with an alleged Chinese intelligence operative. Asian markets opened lower, with Hong Kong’s Hang Seng Index down 0.8%. President Trump said he believed Huang’s claim that he did not know the woman was a spy and that the FBI was investigating. [1] [2] [3] [4]

Sources

  1. Nvidia shares plunge amid reports board to discuss CEO Huang’s future

    Al Jazeera · · Full text

  2. Nasdaq futures fall as Nvidia sinks 8% after hours on report board may oust Huang

    MarketWatch · · Summary only

  3. Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live

    The Guardian · · Summary only

  4. HK, region slip as Nvidia faces crunch on Huang sack

    RTHK Finance · · Excerpt

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