European chip stocks fall after report Nvidia board may oust Huang
European semiconductor shares fell after a Wall Street Journal report said Nvidia's board was preparing to oust CEO Jensen Huang.
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09:43:40 AM UTC
SquawkNews
By Joe StonorNvidia shares fell sharply in premarket trading as the company's board weighed the future of its leader Jensen Huang, putting the brakes on a rally in artificial-intelligence stocks and dragging U.S. futures and Asian equities lower.Shares in the company at the heart of the AI ecosyste…
Shares of European semiconductor companies are in negative territory after The Wall Street Journal reported that Nvidia's board was preparing to oust Chief Executive Jensen Huang following the revelation of two extramarital affairs--one with a suspected Chinese spy and another with an employee. Sha…