Nvidia shares slide 7% as CEO Jensen Huang's future questioned

independent.co.uk —

Nvidia shares fell 7% to $161.37 in premarket trading Thursday after reports that CEO Jensen Huang had an affair with a woman suspected of being a Chinese spy, threatening his tenure at the AI chipmaker. The New York Times reported Huang had a second affair with an Nvidia executive, leading analysts to say the board may oust him. The stock is now 34% below its all-time high from a month ago, amid broader concerns about an AI sector bubble. Nvidia, valued at over $4 trillion, has driven the Nasdaq's gains this year, though the index has slumped 7% in the past month. Rivals AMD and Broadcom rose, while CoreWeave, in which Nvidia owns a 13% stake, slid nearly 9%.


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