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Adam Khoo: Nvidia drops over 7 percent after hours as new report involves CEO

Adam Khoo: Nvidia drops over 7 percent after hours as new report involves CEO
Nvidia drops 7 percent after hours on report

Nvidia shares dropped more than 7 percent after hours following reports of a second affair involving CEO Jensen Huang and a senior Nvidia healthcare executive, with the board reportedly preparing to replace him.

Adam Khoo shared these developments, noting the report that the board is considering replacing the executive who built the company.

Adam Khoo previously highlighted a significant drop in AI-related stocks, including Intel and AMD, even as the broader S&P 500 index showed smaller losses in recent trading sessions, according to one of his reports. In another update, Khoo noted the S&P 500 posted 30.2% earnings growth for the third quarter, surpassing analyst estimates as reported here. These developments provided context for recent volatility in major tech shares.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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