- Nvidia shares fell over 8% after-hours on WSJ report of board preparing to oust CEO
Shares of Chinese AI chip designers rose Thursday after Nvidia's board reportedly prepared to oust CEO Jensen Huang. Moore Threads gained 6.9%, Biren 6.7%, Cambricon 9.8%, and MetaX 7.9%. Analysts say the espionage allegations may increase US scrutiny of Nvidia's China ties, potentially benefiting domestic suppliers.
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