Wall Street: Nvidia-Aktie im Minus – US-Börsen erholen sich

Following a strong performance the previous day, fresh reports of controversies surrounding Nvidia CEO Jensen Huang and his potential departure from the role caused Nvidia's stock, the world's second-largest company by market value, to drop significantly. The impact was felt across numerous semiconductor-related stocks, leading to a notable decline in their values as well.

The news that had been hinted at previously became apparent in regular trading on Thursday, with Nvidia's stock losing up to 13 percent, before recovering slightly to register around a five percent decrease.

The major indices showed signs of a gradual recovery, having opened the day on a negative note. The Dow Jones Industrial Average of blue-chip stocks rose by 0.5 percent to 52,720 points. This index was less affected since it is not directly impacted by the tech sell-off. The S&P 500, a broader index, gained 0.4 percent to reach 7,650 points.

The Nasdaq, a technology-focused index, climbed 0.5 percent and stood at 25,592. The Nasdaq 100, which tracks the 100 largest non-financial companies by market capitalization, also surged by 0.5 percent, reaching 28,113.

While several chip stocks also experienced significant losses, other companies managed to gain value. For instance, Micron Technology fell by 2.5 percent, but both Broadcom and Advanced Micro Devices (AMD) rose about five percent each. Data center operators Coreweave and Nebius saw a more pronounced decline, with losses of five and 15 percent respectively.

Investors appeared concerned that the issues at Nvidia could affect the performance and growth rate of its customers. Both companies had previously endured extreme price swings and substantial losses in value during the past months. Nebius also reported weak quarterly results on Thursday.