US stocks turned green late Thursday morning, paring earlier losses. Investors are weighing what the ousting of Nvidia (NVDA) CEO Jensen Huang means for the broader AI industry. The Dow Jones Industrial Average (^DJI) rose 0.3% while the S&P 500 (^GSPC) rose 0.2%. The tech-heavy Nasdaq Composite (^IXIC) climbed 0.1%, after getting a lift from Wednesday's chip stock-led rally. Nvidia stock tumbled 5% after trimming losses. The chipmaker has long stood at the heart of the AI investment boom that has powered this year's stock market. Nvidia's web of tie-ups with other AI companies also creates uncertainty about how great the fallout from Huang's affairs and potential dismissal could be for the market broadly.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.
