Nvidia stock drops over 8% in pre-market on CEO Huang ouster reports

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Nvidia shares fell more than 8% in pre-market trading after reports that its board is considering removing chief executive Jensen Huang. The reports cite allegations of extramarital affairs, including one involving Nvidia executive Kimberly Powell. The board has reportedly discussed Huang’s future, but the company has made no official announcement about his removal or a succession plan. Uncertainty surrounding the leadership is weighing on investor sentiment, while Nvidia’s November 17 earnings report may provide further context on the company’s strategy.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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