Applied Digital Sinks 8% as Nebius Outlook and NVIDIA CEO Exit Hit AI Data Center Stocks; Cipher Digital Falls 4%, TeraWulf Slides 3%

Applied Digital Sinks 8% as Nebius Outlook and NVIDIA CEO Exit Hit AI Data Center Stocks; Cipher Digital Falls 4%, TeraWulf Slides 3%

A weak spending outlook from one AI cloud player and a surprise leadership change at the chip giant have rattled data center landlords. One name carrying heavy debt is feeling the pain most, and its next financing test may decide what comes next.

Global AI stocks sink as Nvidia CEO exits

Global AI stocks fall as Nvidia CEO Jensen Huang resigns amid scandal and the chipmaker’s leadership crisis deepens. Read more at straitstimes.com.

AI stocks pare losses as investors assess fallout of Nvidia CEO’s exit

Jensen Huang’s resignation poses fresh risk to sector already reeling from funding and regulatory concerns