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Market wrapEconomic Times

Nasdaq futures slide as Nvidia turbulence rattles AI stocks

Negative-1

GreyOak summary

US futures fell as Nvidia shares plunged 6% amid reports its board considers ousting CEO Jensen Huang. This leadership uncertainty rattled sentiment across AI-linked stocks, causing semiconductor shares like Intel and Micron to drop. Investors await Friday's US Producer Price Index data for inflation clues.

What it affects

  • AI and data centresNegative -1

    AI stocks fell on Nvidia CEO turmoil.Rolling sentiment Positive +23

Source

Read the original at Economic Times

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