Nvidia turbulence: Stock plummets amid leadership crisis

Tech giant Nvidia is facing significant leadership uncertainty as reports indicate its board of directors is evaluating the tenure of CEO Jensen Huang. As reported by Globes and Reuters, the crisis follows the disclosure of personal relationships involving Huang, including one with a woman identified by U.S. intelligence as a suspected Chinese spy. Following these reports, the company's stock plummeted by approximately 9% in trading across Frankfurt and Wall Street.

The turmoil at the chipmaker is impacting global markets, driving declines in the Nasdaq and S&P 500 indices, alongside growing concerns among investors and strategic partners regarding potential disruptions to the artificial intelligence supply chain. Further details have not yet been released.