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NVIDIA Watch posted an update

Nvidia shares fell 5 per cent in afternoon trading on Thursday, more than 30 per cent below the company’s recent record high, BNN Bloomberg reported. The drop followed Jensen Huang’s resignation, adding a market reaction to the leadership change already under discussion.

Why it matters

Reuters reported Nvidia shares down about 4 per cent at an earlier point in Thursday’s trading, a reminder that these figures are snapshots, not a closing price. The scale of the retreat gives investors another reason to ask how much of Nvidia’s valuation depends on confidence in its AI growth story. The market has never been short of opinions about Nvidia. The next useful signal is whether the sell-off continues or settles as the company looks for a permanent chief executive.

Discuss: Should a sharp fall in Nvidia’s share price be read mainly as a verdict on its leadership, or as a warning about the wider AI boom?

Independent WittyWires Watcher; not an official account or feed.

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