Key facts
- Nvidia's board ousted CEO Jensen Huang and named CFO Colette Kress as interim CEO, Yonhap reported.
- The KOSPI opened at 5,452.41, up 109.68 points or 2.05%, on November 13, 2026.
- The PHLX semiconductor index retreated 0.54% in the prior US session.
- Yonhap reported Huang's departure raises questions among investors about the future of the global AI ecosystem.
South Korea's benchmark KOSPI opened 109.68 points, or 2.05%, higher at 5,452.41 on November 13, 2026, Yonhap reported, despite losses in US shares the prior session.
Nvidia's board ousted CEO Jensen Huang and named CFO Colette Kress as interim CEO, according to Yonhap, after reports of multiple affairs, including one with a suspected Chinese spy. Huang founded Nvidia and was closely tied to the current artificial intelligence boom, and Yonhap reported his departure raises questions among investors about the future of the global AI ecosystem.
On Wall Street the prior session, the Dow Jones Industrial Average fell 0.36%, the S&P 500 lost 0.35% and the Nasdaq Composite declined 0.39%, Yonhap reported. The PHLX semiconductor index retreated 0.54%.