2 hours ago

Nvidia CEO Exit Shakes Chip Stocks, But Wall Street Indexes Turn Green

TLDR Nvidia fell as much as 14% on news that CEO Jensen Huang resigned, then cut its loss to about 4.5% to 5.7%. The Dow, S&P 500 and Nasdaq moved from early losses to small gains by late morning. Traders shifted money from Nvidia into other AI plays, and AMD rose while Intel and Micron [...]

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