Nvidia Shares Slip as Board Reportedly Weighs Removing CEO Jensen Huang
Markets·November 12, 2026
Nvidia's shares came under pressure after reports said the chipmaker's board of directors is preparing to remove chief executive Jensen Huang. According to the reports, the board could meet as soon as today to decide his fate at the company.
The details available so far are thin. The reporting we based this piece on does not say how the board would act, what reasons were behind it, or who might take over if Huang were removed. No official statement from Nvidia or its directors is included in the source material, so the situation should be treated as unconfirmed until the company speaks on the record.
Leadership questions at a company as central to the AI hardware market as Nvidia tend to move investors quickly. Huang co-founded the company and has led it for more than three decades, so any change at the top would raise immediate questions about strategy, product roadmaps and continuity. Part of the stock decline likely reflects that uncertainty rather than any change in the business itself.
Readers should watch for a formal announcement from Nvidia or a filing with regulators. Until then, the reports remain just that, and the stock's direction may shift quickly once the board's next step becomes clear.
Reporting based on an external source.