European shares fall as Nvidia CEO exit casts doubt on AI boom

euronews.com —

European shares fell Friday after Nvidia CEO Jensen Huang resigned, raising doubts about the AI industry's future, while oil prices rose on President Trump's comments about Iran. Huang stepped down Thursday amid reports of affairs, including one with a suspected Chinese spy, prompting national security concerns. CFO Colette Kress became interim CEO, and Nvidia shares dropped 4.3%, though rival AMD gained 5.9%. Asian markets were mixed, with Japan's Nikkei rising 0.5% but Hong Kong's Hang Seng falling over 1.5%. Analysts warn Huang's exit could weaken Nvidia's influence on AI regulation and strategy long-term.


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