Nvidia perps drop 10% on Hyperliquid as board reportedly weighs ousting Jensen Huang

The Wall Street Journal reported that Nvidia's board is preparing to oust CEO Jensen Huang over two extramarital affairs. Nvidia perpetual futures on Hyperliquid fell 10% on the news. Traders care because Huang is central to the AI narrative that has driven both Nvidia's valuation and much of the crypto-AI token trade, so leadership turmoil at the chipmaker could spill into related digital-asset positions.