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Owned by Mathrubhumi Printing & Publishing Co.Asian shares are mixed as investors assess impact of Nvidia's fallout on global AI development
What's behind this
Nvidia named CFO Colette Kress as interim CEO after challenging Huang’s bets. A proposed $250 billion plan to support an OpenAI data centre project in Ohio was pared to $120 billion. Nvidia shares fell 3.5% to $160 in early trading on Friday, extending Thursday’s losses and dragging the Nasdaq to its day low, with the stock down more than 30% from its October record high. The CEO’s departure occurs amid an export‑control probe, as noted in related coverage.
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RSS excerpt
Asian shares traded mixed as investors assessed the market impact of Jensen Huang's resignation as Nvidia CEO amid volatile oil prices.