Nasdaq 100 Falls 1.4% as Nvidia Turmoil Rattles AI Trade
The Nasdaq 100 fell 1.4%, while Nvidia tumbled 13% after CEO Jensen Huang was ousted, according to the report.
A leadership crisis at Nvidia Corp. curbed the appetite for riskier corners of the market, driving stocks lower as traders questioned the outlook for the artificial-intelligence trade.The company at the heart of the AI boom tumbled 13% after Chief Executive Officer Jensen Huang was ousted from his…