Chinese AI shares tumble after Nvidia's Jensen Huang resigns
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Shares of Chinese AI companies fell following the resignation of Nvidia's Jensen Huang. A fund manager in Shenzhen noted that the market is worried about potential changes in supply chains. There are fears that Nvidia may reduce its sourcing from Chinese suppliers.
"The market fears that after Huang's resignation, Nvidia will reduce sourcing from Chinese suppliers," said a fund manager in Shenzhen.