Intel Shares Slip After Report Nvidia Plans to Replace Its CEO
Intel shares fell 4.3% in post-market trading after The Wall Street Journal reported Nvidia's board may oust CEO Jensen Huang.
- published on Newsmetry
- original source published
the same feed is available to bots and dashboards through the api. connect the api →
what happened
Intel shares dropped 4.3% to $59.81 in post-market trading after The Wall Street Journal reported that Nvidia's board is planning to remove CEO Jensen Huang. The report was carried by Market Talk.
Intel is both a partner and a competitor of Nvidia in the semiconductor industry. Nvidia also invested $5 billion in Intel stock in late 2025, making it one of the chipmaker's largest shareholders. The two companies are also working together on data center and PC products that use Nvidia chips.
why it matters
The story matters to Intel investors because Nvidia remains a major shareholder and partner. A possible leadership change at Nvidia could affect joint projects and investor expectations for the relationship between the two companies.
market impact
Intel: shares under pressure on possible leadership change at major shareholder Nvidia
- Intel shares pressure down — market reaction to the report of a possible departure of Nvidia's CEO
tags
instruments
sources
- Intel Shares Down as Major Shareholder Nvidia Plans to Oust CEO — Market Talk, 11 November 2026 at 23:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
alerts on your topics, the morning digest and the api — in your account.
get stories in real time ↗