Asian stocks tumble, Nvidia stings as board to decide CEO's fate | live
By Gregor Stuart Hunter SINGAPORE, Nov 12 (Reuters) - Global stocks tumbled on Thursday, led by losses in chipmakers and data centre operators as Nvidia shares cratered in after-hours trading on news that its board may oust longtime CEO Jensen Huang. An 8.8% plunge in Nvidia shares in extended trading reverberated across Asian markets, weighing on S&P 500 e-mini futures, down 0.5%, and triggering broad losses in chip stocks.
By Gregor Stuart Hunter SINGAPORE, Nov 12 (Reuters) - Global stocks tumbled on Thursday, led by losses in chipmakers and data centre operators as Nvidia shares cratered in after-hours trading on news that its board may oust longtime CEO Jensen Huang. An 8.8% plunge in Nvidia shares in extended trading reverberated across Asian markets, weighing on S&P 500 e-mini futures, down 0.5%, and triggering broad losses in chip stocks.
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