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Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live

Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live

Feed excerpt — reported by The Guardian

Huang’s potential departure would leave a leadership vacuum at the roughly $4tn chipmaker he co-founded, with Nvidia’s shares sliding about 8% in ​after-hours tradingNvidia’s shares plunged in ⁠after-hours trading on news that its board may oust longtime CEO Jensen Huang, with the chipmaker losing about $600bn ‌in stock market value this week since the board announced its investigation into his relationship with a Chinese businesswoman.Shares in Nvidia slid more than 8% after close of trade.At the end of the day, let’s not forget ‌that the Nvidia chip is the centrepiece of the AI story.“ Continue reading…

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