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Nvidia shares slide as board considers Huang’s future

Financial Times(subscription required) ·

Stock down almost 6% ahead of Wall Street open as chief executive’s fate hangs in balance

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The New York Times reported that Nvidia’s board is weighing Jensen Huang’s future after he admitted to an affair with a woman U.S. intelligence says was spying for China; Forbes reported the board met to discuss removing him after revelations about two extramarital affairs. Nvidia shares fell in pre-market trading and Nvidia perpetual futures dropped as traders reacted to the leadership reports, according to Crypto Briefing and CoinDesk.

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  1. TechmemeAMD's shares rose 4%+ pre-market, after closing up 7.3%, and Broadcom gained 2.4% pre-market, following a 4% gain, as Nvidia's board weighs ousting Jensen Huang (Financial Times)
  2. ForbesNvidia Shares Plunge As Board Reportedly Prepares To Oust CEO Jensen HuangThe AI chipmaker’s board reportedly met on Wednesday to discuss removing the company’s co-founder and CEO following revelations about two extramarital affairs, including one involving an alleged Chinese spy.
  3. Financial Times(subscription required)Nvidia shares slide as board considers Huang’s futureStock down almost 6% ahead of Wall Street open as chief executive’s fate hangs in balance
  4. MarketWatchNasdaq futures fall as Nvidia sinks 8% after hours on report board may oust HuangStock futures were sliding Wednesday evening as a selloff in shares of Nvidia after the closing bell weighed on the Nasdaq-100 and dragged down shares of other chip makers.
  5. New York Times(subscription required)Nvidia’s Stock Price Plummets as Board Is Said to Consider Jensen Huang’s Future as CEONews of the board’s deliberations about Jensen Huang’s job drove Nvidia’s stock down more than 8 percent in after-hours trading.
  6. Al JazeeraNvidia shares plunge amid reports board to discuss CEO Huang’s futureChip giant's stock price falls more than 8 percent amid speculation over co-founder's position.
  7. CNNNvidia board weighs Jensen Huang’s future as mounting scandal upends US tech giant
  8. The DefiantNvidia Board to Discuss Huang's Future, FT ReportsThe reported leadership talks follow the board's public backing of Huang on Nov. 8. Trump said Nov. 9 that the FBI was looking into the situation, separately from the company's review.
  9. Business Insider(subscription required)Nvidia stock slides after report board is preparing to oust Jensen Huang after second affairNvidia stock was down 8% after hours following two new reports about Jensen Huang dropped, including one that said its board was preparing to remove him.
  10. Wall Street Journal(subscription required)Stock Market News, November 11, 2026: Nvidia Stock Slides as Board Considers Ousting CEOTech giant's shares drop 8% afterhours with Huang's future in doubt