Asian stocks rise as investors weigh Nvidia leadership shake-up
In short
Asian markets rose on Thursday as investors reacted to Nvidia CEO Jensen Huang’s resignation. South Korea led the region, and Japan’s Nikkei gained 1.48%.
The move matters because Nvidia shares dropped 14% on Thursday, while Broadcom and AMD rose, showing investors were still buying some AI stocks.
What the reporting says
Asian markets rose on Thursday as investors assessed the fallout from Nvidia CEO Jensen Huang’s resignation. South Korea led regional gains, while Japan’s Nikkei advanced 1.48%. Nvidia shares plunged 14% on Thursday, their biggest one-day fall since January 2025, while gains in Broadcom and AMD suggested selective buying in AI stocks.
Why it matters
Asian markets rose on Thursday as investors weighed the fallout from Nvidia CEO Jensen Huang’s resignation. South Korea led regional gains and Japan’s Nikkei added 1.48%. Nvidia shares fell 14% on Thursday, their biggest one-day drop since January 2025, while Broadcom and AMD gained. The move indicates selective buying in AI stocks as markets reassessed the leadership change.