Nasdaq futures fall as Nvidia sinks 8% after hours on report board may oust Huang

The after-hours selloff in Nvidia shares contributed to broader market weakness, with the company's stock plummeting 8% following the report. The potential leadership change sent ripples through the tech sector, affecting other semiconductor companies as well.

Market Impact

Nasdaq futures slid as investors digested the unexpected news about Nvidia's leadership. The chip maker's stock decline weighed heavily on the tech-heavy index, reflecting concerns about the company's future direction.