# Nvidia stock drops over 8% in pre-market on CEO Huang ouster reports
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12 outlets covering · First listed: Crypto Briefing, Nov 12, 2026, 2:38 AM · Read it:
Investor confidence in Nvidia's leadership stability is shaken, potentially impacting future performance and market perceptions significantly.
AI summary (may contain mistakes): Jensen Huang has resigned as Nvidia CEO. Reports cited affairs, including one with an alleged Chinese spy, and national security concerns; Nvidia said CFO Colette Kress will serve as interim chief executive. The company accepted his resignation yesterday, according to a filing.
## Who's covering it
In the order they published:
- Nov 11, 2026, 4:08 PM: [Stocks Fall on Nvidia Selloff After Huang’s Ouster: Markets Wrap]() — Bloomberg (Business & finance, United States)
A leadership crisis at Nvidia Corp. curbed the appetite for riskier corners of the market, driving stocks lower as traders questioned the outlook for the artificial-intelligence trade.
- Nov 11, 2026, 4:47 PM: [Nvidia’s stock drops as the board reportedly prepares to remove CEO Jensen Huang]() — MarketWatch (Business & finance, United States)
Nvidia’s board of directors reportedly met late Wednesday to determine the CEO’s fate.
- Nov 11, 2026, 5:10 PM: [Nvidia CEO Jensen Huang has resigned]() — Ars Technica (Digital news, United States)
The FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
- Nov 11, 2026, 5:28 PM: [Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang]() — TechCrunch (Digital news, United States)
As soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.
- Nov 11, 2026, 7:02 PM: [Cramer's stance on Nvidia's stock amid reports that CEO Jensen Huang may be ousted]() — CNBC (Business & finance, United States)
Jim Cramer said Wednesday night that he was saddened by a news report that indicated Nvidia's board of directors is preparing to fire Huang.
- Nov 12, 2026, 1:54 AM: [Who could run Nvidia after Jensen Huang?]() — Financial Times (Newspaper, United Kingdom)
Chip giant co-founder’s future as chief executive is uncertain following report of a second affair
- Nov 12, 2026, 2:38 AM: [Nvidia stock drops over 8% in pre-market on CEO Huang ouster reports]() — Crypto Briefing (Specialist)
Investor confidence in Nvidia's leadership stability is shaken, potentially impacting future performance and market perceptions significantly.
- Nov 12, 2026, 6:22 AM: [Nvidia Stock Plunges After Jensen Huang Resigns as CEO]() — New York Times (Newspaper, United States)
News that the chipmaker’s chief executive, Jensen Huang, stepped down drove Nvidia’s stock down and reverberated across global markets.
- Nov 12, 2026, 7:58 AM: [Jensen Huang Resigns as Nvidia CEO]() — Wired (Magazine, United States)
Nvidia’s cofounder and chief executive resigned on Thursday after the company opened an investigation into his affair with an alleged Chinese intelligence asset.
- Nov 12, 2026, 8:04 AM: [Jensen Huang is out as NVIDIA CEO]() — Engadget (Digital news, United States)
He has held the position since the company's founding.
- Nov 12, 2026, 8:06 AM: [BREAKING News: Jensen Huang Resigns as Nvidia CEO (Report)]() — CryptoPotato (Specialist)
The reported resignation comes after claims that he had another affair with a women working at the company.
- Nov 12, 2026, 8:25 AM: [Nvidia CEO Jensen Huang Resigns]() — CNET (Digital news, United States)
The company’s founder stepped down after reports of multiple affairs.