Nvidia tumbles over 12% in pre-market trading after Huang's exit

US stock futures slid on Thursday as Nvidia shares plunged over 12% after Jensen Huang stepped down as the chipmaker’s CEO, triggering a broader sell-off in artificial intelligence-linked stocks.

The leadership shake-up at the $4 trillion company rattled investor sentiment, adding to concerns over an AI sector already grappling with funding uncertainties and regulatory scrutiny.Dow futures edged down 23 points, or 0.04%, to 52,555, while S&P 500 futures shed 43.75 points, or 0.57%, to 7,596.75.

Nasdaq futures led the losses, falling 352.25 points, or 1.24%, to 28,121, as Nvidia shares plunged 12.50%.Nvidia's board had met on Wednesday to discuss Huang's position after allegations that the 63-year-old had an affair with a Chinese businesswoman suspected by US authorities of spying for Beijing.