AI-linked US stocks slide amid Nvidia's leadership crisis
BUZZ- AI-linked US stocks slide amid Nvidia's leadership crisis ** AI-linked US stocks resume their fall premarket after reports chip-making behemoth Nvidia's NVDA.O board met on Wednesday to decide whether to oust CEO Jensen Huang
** Traders worry NVDA could back away from a strategy of financing data centers under a different leader
CHIPS
** NVDA down 5.7%, among the biggest losers in the segment
** Marvell MRVL.O, Applied Materials AMAT.O and Intel INTC.O down 1.45% to 2%
** Micron MU.O declines 2.5%, while Western Digital WDC.O and Sandisk SNDK.O fall between 2.2% and 3.6%
NEOCLOUDS
** CoreWeave CRWV.O down 5% as Bloomberg News report says co plans to raise at least $4 bln in high-grade debt
** Peer IREN IREN.O down 2.8%, while Nebius NBIS.O is flat ahead of results
DATA CENTER OPERATORS
** Core Scientific CORZ.O declines 1.5%, Applied Digital APLD.O loses 1.3%, Hut 8 Corp HUT.O down 2%
(Reporting by Jayasree Prabhu)