Nvidia shares bounced 6% from their intraday low after investors scaled back bets that CEO Jensen Huang could be fired. The stock nevertheless remained 5% below its previous close, implying a drop of roughly 10% at the session’s worst point. Huang co-founded Nvidia in 1993 and has led the company ever since, becoming the public face of its transition to AI chips. His potential departure therefore represents a major risk for Nvidia’s strategy, valuation and future, as well as for technology funds and indexes with heavy exposure to the company.
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