Nasdaq Climbs as Investors Look Past Nvidia CEO Exit

The Nasdaq Composite moved higher on Thursday, with investors largely shrugging off the sudden departure of Nvidia CEO Jensen Huang and betting that the broader artificial intelligence trade remains ***** tech-heavy index rose 0.3 percent. The Dow Jones Industrial Average gained 211 points, or 0.4 percent, helped by advances of more than 1 percent in Alphabet, Amazon and Microsoft. The S&P 500 also traded up 0.3 ***** shares, which had tumbled into double-digit losses earlier in the session, pared some of those declines and were last down about 4 percent. The company said Huang had resigned and named Chief Financial Officer Colette Kress as interim chief executive. The announcement followed reports that Huang had an affair with an alleged Chinese ***** the turbulence at the chip giant that has become synonymous with the AI boom, buying interest returned to other major technology names. Market participants appeared to treat the leadership change as a company-specific event rather than a signal that the multiyear AI investment cycle is ending.