European Stocks Slip as Nvidia CEO Quits, Raising AI Sector Concerns

European stock markets fell Friday following Wall Street losses, as Nvidia CEO Jensen Huang's resignation raised concerns about the AI sector. Oil prices rose after Donald Trump said a deal with Iran was unnecessary. European indices opened lower, with London's FTSE 100 down 0.2% and benchmarks in Paris and Frankfurt losing 0.3%. Nvidia shares had fallen 4.3% Thursday, while rival AMD gained 5.9%. Huang resigned immediately as president, CEO, and board member after reports of two affairs, including one with a woman suspected of spying for China. CFO Colette Kress was named interim CEO. Huang co-founded Nvidia and was a key architect of its AI strategy, with some industry players viewing him as more important than the company itself. Analysts expect no short-term impact but warn his departure could weaken the broader AI ecosystem long-term. Asian tech stocks were mixed, and Brent crude rose to $96.48 per barrel.