Nvidia fell nearly 6% in pre-market trading, accounting for more than half of the decline in Nasdaq 100 futures.

November 12 - According to data from the BIT stock platform, U.S. stock index futures fell as Nvidia is considering replacing CEO Jensen Huang. The decline in this AI chipmaker accounted for more than half of the drop in Nasdaq 100 index futures.

As of 4:35 AM New York time, the tech-heavy Nasdaq 100 index futures were down 0.6%, and S&P 500 futures were down 0.3%. Nvidia's board is meeting to weigh whether to remove Jensen Huang. There were prior reports that he had an extramarital affair. Nvidia fell nearly 6% in pre-market trading; if the decline holds, its market value will evaporate by more than $200 billion. Nvidia's drop also dragged down related AI companies. Neocloud company CoreWeave Inc. fell about 5% after a sharp rise on Wednesday. Nvidia competitors Broadcom and AMD rose.

Adam Crisafulli of Vital Knowledge wrote in a report: "This news is clearly negative, as Jensen Huang is arguably the most influential executive at the core of the world's most important industry and most important company. His departure will undoubtedly deal a blow to the company."