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Huang faces ouster calls
Nvidia shares fell 6.3% in premarket trading after the board met to discuss the possibility of ousting CEO Jensen Huang amid reports of two extramarital affairs, one of which he admitted to. Analysts warned that his departure could send the stock tumbling 20%, while Bernstein cut its price target to $200 from $400. The stock had already lost more than 20% over the past month. AMD and Broadcom shares rose 3.9% and 3%, respectively.
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