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Nasdaq 100 falls 1.4% as Nvidia crisis rattles AI trade

Negative-1

GreyOak summary

Nvidia Corp. shares tumbled 13% after CEO Jensen Huang was ousted amid reports of affairs and espionage links. This leadership crisis curbed risk appetite, causing the Nasdaq 100 to fall 1.4% and chipmakers' gauge to slump 3.5%.

What it affects

  • AI and data centresNegative -1

    AI infrastructure spend may fall long-term.Rolling sentiment Positive +23

Source

Read the original at Moneycontrol

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