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Asian stocks fell on Friday as technology shares reversed course and investors worried about the fallout from Nvidia’s leadership crisis. The MSCI Asia-Pacific Index slipped 0.3%, South Korea’s Kospi fell 1.1%, and the Hang Seng dropped 1.4%. Nvidia shares plunged as much as 14% on Thursday after co-founder Jensen Huang resigned, before ending the session down 4.3%. They then fell 2% in extended trading after CFO Colette Kress took over as interim CEO. Concerns also grew that the U.S. could tighten restrictions on Chinese AI companies’ access to Nvidia chips through overseas data centers, as investors await the company’s third-quarter results on November 17.
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