Nvidia Shares Fall More Than 7% in Extended Trading
Nvidia shares fell more than 7% in Wednesday's extended session amid reports that the board could meet as soon as today to determine CEO Jensen Huang's fate.
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11:07:11 PM UTC
SquawkNews
Shares of Nvidia suppliers are down after-hours as The Wall Street Journal reports that the company's board is preparing to oust CEO Jensen Huang. Shares of Taiwan Semiconductor Manufacturing, the Taiwanese tech giant which makes Nvidia-designed chips, is down 1.7% on the New York Stock Exchange. M…
By Britney NguyenNvidia's board of directors could reportedly meet as soon as today to determine the CEO's fateCEO Jensen Huang is under pressure.Shares of Nvidia were falling more than 7% in Wednesday's extended trading session following reports indicating that CEO Jensen Huang had an affair with…