NVIDIA Sinks 9% on Reports Board Is Preparing to Oust Jensen Huang; Intel Falls 4%, AMD Holds Steady
A market news article says NVIDIA sank 9% to $158.78 after the Wall Street Journal reported its board is preparing to oust CEO Jensen Huang, who acknowledged infidelity on November 8 amid a company investigation into reports he was targeted by a foreign intelligence effort. The board has confirmed no plan; Intel fell 4% while Advanced Micro Devices edged higher on expectations it could pick up business.
