Varta
← Back to stories

From The Indian Express

Owned by Indian Express Group

Nvidia CEO Jensen Huang’s future in doubt as fresh allegations emerge, shares fall

Nvidia CEO Jensen Huang’s future in doubt as fresh allegations emerge, shares fall

What's behind this

Nvidia shares fell sharply after CEO Jensen Huang resigned. At the open, the stock plunged about 13%, with pre‑market and overnight trading showing declines of roughly 10‑12%, wiping around $800 billion from the company’s market value this week. The board announced that Huang, 63, stepped down as president and chief executive with immediate effect and relinquished his board seat, without giving a reason. The drop also affected other AI‑focused companies such as Oracle and Micron Technology, while the dollar rose to a 19‑month high and U.S. 10‑year Treasury yields climbed.

AI-generated overview from 4 outlets. It summarises their reporting and adds no reporting of its own.

Coverage arrived over 51 hours. First from ABP Live, latest from Hindustan Times.

High Corroboration 5 news outlets reporting

How this event was covered

First reported by ABP Live at 10:50 UTC on 10 Nov.

Coverage ran for about 2 days.

Across 2 desks: business, tech.

All 5 newsrooms, and who owns them

Compare all reporting outlets (5)

  2. 38 hours later
  3. The Times of India Bennett, Coleman & Co.

    Nvidia shares fall 8% after hours as board reportedly weighs Jensen Huang's 'exit'

    Nvidia shares plummeted by 8% in after-hours trading following revelations about CEO Jensen Huang's alleged extramarital affairs, including a controversial link to a businesswoman associated with Chinese intelligence. The company's board is set to convene to deliberate on Huang's fate in light of…

    Compare on Varta → Read at The Times of India ↗
  4. 1 hour later
  6. 1 hour later
  8. 9 hours later

Who did not run this

5 newsrooms ran this event. 12 others published in Technology recently and did not.

See which 12 newsrooms
  • ABP Live ABP Group
  • Hindustan Times HT Media
  • Inc42 Inc42 Media
  • India TV Independent News Service
  • Livemint HT Media Ltd.
  • Medianama Medianama
  • NDTV Adani Group (AMG Media)
  • The Economic Times Bennett, Coleman & Co.
  • The Hindu Kasturi & Sons Ltd.
  • The Hindu Kasturi & Sons Ltd.
  • The Tribune The Tribune Trust
  • The Tribune The Tribune Trust

Counted from the newest hundred stories in the section, not from every newsroom in India.

Read more news

See all latest stories →