As media reports indicated that NVIDIA's board of directors was preparing to remove Jensen Huang after multiple extramarital affairs were uncovered, Asian chip-related stocks showed mixed trends. According to an informed source, NVIDIA's board has been collaborating with an external firm to find a potential successor for Jensen Huang. NVIDIA's stock price fell by about 10% during after-hours trading, but the decline later narrowed.
In the Asian market, the stock prices of some NVIDIA suppliers declined, while the broader chip supply chain was boosted by the rise of their American counterparts on Wednesday. In Japan, NVIDIA supplier Yageo (Ibiden) saw a sharp drop in its stock price, with a decline of up to 7.8%; Advantest (Advantest) fell by 5%. Data shows that 29% of Yageo's sales come from NVIDIA, and for Advantest, it is 22%. Among other chip stocks, Kioxia rose by as much as 3.7%; Tokyo Electron increased by 3.5%.
In South Korea, NVIDIA's main supplier, SK Hynix, saw its stock price rise after reversing an earlier 1.8% decline; ISC fell by 3.3%, and Leeno Industrial fell by 1.4%. SK Hynix derives 27% of its sales from NVIDIA, while Leeno is 17%. Among other stocks, Samsung Electronics' stock price rose by as much as 3%.











