Stocks fell on Thursday as markets were roiled by the ouster of Jensen Huang as Nvidia's CEO following a flurry of scandals. The Dow Jones Industrial Average dropped 0.36%, while the S&P 500 did so ...
The exchange centered on Megaspeed, a company that national security officials have pushed Commerce to place on its Entity List.
Jensen Huang has reportedly resigned as Nvidia CEO amid allegations involving extramarital affairs, including an alleged Chinese spy. CFO Colette Kress will serve as interim CEO.
A U.S. bill targeting remote access to restricted technology has already passed the House, raising concerns among Chinese AI companies about losing access to Nvidia's most powerful processors.
An investigation found that Alice Huang held interests in Chinese companies linked to a data center serving Huawei, but uncovered no evidence of unauthorized Nvidia chip transfers.
Earlier this week, Ukrainian and Russian officials met with U.S. officials in hopes of paving the way for some sort of peace agreement.
Greenpeace estimates that oil spills linked to the conflict have affected a cumulative area of about 20,000 square kilometers.
UFORCE has raised $700 million from investors including a British government-backed fund as demand grows for autonomous weapons tested in Ukraine.
Colette Kress will serve as interim CEO as Nvidia's board searches for a successor, and investors assess the risks to its AI-driven growth.
Nvidia stocks are plummeting on Thursday over reports that the company's board is getting ready to oust CEO Jensen Huang after reports of a new affair. Company shares were falling almost 7% at 6:19 ...
Kress has been appointed to lead Nvidia temporarily following Huang's departure. The AI chipmaker is already searching for a permanent successor.
Some Democrats see potential in taking government stakes in private businesses, even as others question how Trump's deals were negotiated and which companies benefit.