Regional indexes fared better after a choppy start, with South Korea’s Kospi rising 0.2% and Japan’s Nikkei 225 climbing 0.5%. (EPA Images pic)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," said Jake Dollarhide, chief executive officer at Longbow Asset Management in Tulsa, Oklahoma.







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