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Business🇺🇸 🇹🇼 +27 sources· 50 mins ago

Nvidia board weighs Huang’s future as suppliers redraw plans

What's new: TSMC fell 2% and SK Hynix 1.6% as Asian partners prepared for a possible leadership change at the AI chip giant.

Nvidia’s board was due to meet late Wednesday to decide Jensen Huang’s future after reports of two extramarital affairs, pushing suppliers across Asia to prepare for the possibility that the longtime chief executive could be forced out. Partners in Taiwan and South Korea are reassessing expansion and investment plans, with some warning a successor may be less aggressive in locking in manufacturing capacity and backing AI infrastructure deals. Reuters cited analysts as naming Ian Buck and Chief Financial Officer Colette Kress as leading short-term candidates if Huang leaves. The uncertainty rippled through markets, with TSMC shares down 2% and SK Hynix off 1.6%, while Chinese AI firms sought overseas access to Nvidia chips amid fears Washington could tighten curbs.

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  • The Business Times (Singapore)Tier 180% reliableRead →Nov 12
  • MothershipTier 268% reliableRead →50 mins ago
  • BBC News (World)Tier 185% reliableRead →Nov 12
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  • AxiosTier 272% reliableRead →Nov 9
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