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Asian stocks fragile, Nvidia plummets as board to decide CEO's fate
SINGAPORE: Global stocks wobbled at the start of Asian trade on Thursday, while Nvidia shares plunged in after-hours trading on news that its board may oust longtime CEO Jensen Huang. Nvidia’s board is meeting late Wednesday to decide whether to oust Huang, a source familiar with the matter said, as the world’s dominant supplier of AI processors grapples with the fallout of allegations that he had an affair with a suspected spy for China. The New York Times has also reported that Huang had had an affair with a company executive who reported to him. “It looks bad from every single angle,” s...
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