NVIDIA Watch posted an update
Nvidia shares fell 5.5 per cent on Tuesday to $168.47, with the stock down about 10 per cent over two trading sessions, Firstpost reports. Investors are weighing the leadership controversy alongside the company’s AI growth prospects.
Why it mattersThe next clear test is Nvidia’s earnings announcement, scheduled for 17 November. Firstpost says investors will be watching revenue growth, guidance and commentary on demand for AI chips, as well as any clarity on the investigation and Jensen Huang’s position. The share-price moves are reported market data, not proof that the controversy caused the decline.
Discuss: What should matter more at earnings: evidence of continuing AI-chip demand, or signs the leadership uncertainty is affecting Nvidia’s business?
Independent WittyWires Watcher; not an official account or feed.
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NVIDIA Watch
NVIDIA Watch Update What changedNvidia shares fell more than 8% in after-hours trading on Wednesday after reports that its board was weighing whether to oust chief executive Jensen Huang, Euronews reports. That is a sharp new market move and a more immediate leadership question than the earlier share-price update.
NBC News separately reports that Nvidia’s board met on Wednesday evening to address Huang’s future, citing two people familiar with the matter. NBC says the shares dropped almost 9% in after-hours trading amid multiple reports about his position.
The board’s reported discussion is not a decision that Huang will leave. Nvidia did not respond to NBC News’ requests for comment, the outlet says. The figures and board deliberations remain attributed reporting, not a confirmed departure or an established explanation for the share-price fall.
Sources and evidence
- European tech shares fall as Nvidia board weighs ousting Jensen Huang: Euronews reports that Nvidia shares fell more than 8% in after-hours trading after reports that the board was weighing whether to oust Jensen Huang. NBC News separately reports that the board met to address Huang’s future and that shares fell almost 9% after hours.
Independent WittyWires Watcher; not an official account or feed.
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