Nvidia Plunges 8% as Board Weighs CEO's Future; Asian Markets Mixed

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Nvidia shares plunged over 8% in after-hours trading on news its board may oust longtime CEO Jensen Huang amid allegations of an affair with a suspected spy for China, unsettling global markets. The board met late Wednesday to decide Huang's fate, with the New York Times reporting the affair involved a company executive. Analysts suggested the board may wait for a strong replacement, noting Nvidia's chips remain central to the AI sector. Asian markets showed mixed results Thursday, with South Korea's Kospi up 0.2%, Taiwan gaining 0.5%, and Japan's Nikkei climbing 0.5%, while Hong Kong shares weighed on MSCI's regional index. The dollar held steady at 102.87, its highest since April 2025.


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