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Nikkei Falls After Reports NVIDIA Board Preparing to Remove CEO Jensen Huang

Intraday reports that the chipmaker's board was preparing a CEO removal knocked Japanese blue-chip sentiment, raising trading volume.

Overview

  • The Nikkei 225 reversed an early gain and closed down ¥429.23 at ¥60,819.36 after reports on Thursday that NVIDIA's board was preparing to remove CEO Jensen Huang.
  • TOPIX ended higher at 3,937.33, up 7.94 points, and reported turnover was about 2.72754 billion shares, signaling broad-market resilience despite heavy trading.
  • The index had been modestly higher at 9:15 a.m. JST, up ¥25.67, before the overseas reports arrived and prompted a sell-off in large-cap, tech-heavy names.
  • Japanese outlets relayed the NVIDIA development as reported market and press accounts rather than an official company confirmation, so the governance reports remain unverified.
  • The move highlights how the price-weighted, sector-concentrated Nikkei is especially sensitive to big foreign tech headlines and could prompt further repositioning by Tokyo investors as they reassess risk.