Asian markets got a boost on Friday, with South Korea's Kospi jumping nearly 2% and Japan's Nikkei was also up.
This came right after NVIDIA's CEO Jensen Huang resigned as president and chief executive with immediate effect, causing investors to rethink their bets on AI stocks.
NVIDIA shares drop more than 14%
Interim CEO Colette Kress stepped in to steady things, but NVIDIA shares still slid more than 14%, their biggest drop in over a year, and are now trading 8% lower than before.
The shakeup sent money flowing into competitors like Broadcom and AMD, whose stocks both shot up by more than 5%.
Meanwhile, US futures ticked higher and the Japanese yen weakened as global markets adjusted to the news.