Nvidia shares drop 10% after Jensen Huang resigns
By John Towfighi
Nvidia shares dropped sharply Thursday morning in premarket trading after CEO Jensen Huang stepped down.

Nvidia shares (NVDA) fell 10% before the morning bell, with declines accelerating after the company announced his departure.

The crisis surrounding Huang is unsettling the outlook for the company at the very core of the AI trade. Huang has been a central pillar of the AI boom, championing the technology’s potential and serving as a key figure in dealmaking across the tech industry.

Nasdaq futures fell 1.4%, while S&P 500 futures lost 0.7%.

you are viewing a single comment's thread
view the rest of the comments
[–] 4 points 13 hours ago

Live by the wang, die by the Huang.

  • source