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Source:
CNN
Nvidia Falls After Hours
Nvidia shares fell 8.4% in after-hours trading Wednesday after reports that CEO Jensen Huang had an extramarital relationship with a company executive and that the board was discussing his future. The Wall Street Journal reported the board was preparing to oust Huang, while Nvidia had also said it was investigating reports that he was the target of a foreign intelligence effort. Investors are weighing the chipmaker’s outlook if Huang, a prominent advocate of the AI boom, leaves his role.
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