New York Magazine · Wed 11 Nov

Wednesday 11 November

Business & Industryinvestinglive.com

Nasdaq futures drop 0.8% as WSJ says Nvidia board is preparing to oust CEO Huang

AI-generated summary US equity index futures fell after The Wall Street Journal reported that Nvidia board members are preparing to oust chief executive Jensen Huang. Nvidia shares dropped around 4.5% in after-hours trading following the reports about Huang and his relationships.

NVIDIA

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Business & Industryfortune.com

Nvidia board’s idolatry of Jensen Huang could open the door to shareholder lawsuits in Delaware Chancery Court

Nvidia CEO Jensen Huang

AI-generated summary The Nvidia board faces potential shareholder lawsuits in Delaware Chancery Court regarding oversight duties concerning transactions with Megaspeed. Culper Research alleged close ties between Jensen Huang and Alice Huang after reports that Megaspeed purchased billions of dollars of Nvidia chips.

NVIDIA Litigation

Also covered by TechCrunch Intelligencer Engadget
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