Nebius Shares Fall After Report of Nvidia CEO Jensen Huang Stepping Down
Nebius Group shares extend losses after cutting its full-year outlook and a report that Nvidia CEO Jensen Huang is resigning; down about 18%.
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what happened
Nebius Group shares kept falling after the report that Jensen Huang is resigning as chief executive of Nvidia. In premarket trading the stock first dropped about 12%, after the Dutch AI cloud company lowered its full-year outlook. The decline deepened once Nvidia announced Huang's resignation, and the shares were recently down about 18% at $126.33, according to Market Talk.
In March, Nvidia said it would invest $2 billion in Nebius to develop AI technology. Nebius is one of many AI companies the chipmaker has backed.
why it matters
Two things matter for the market here. The cut to Nebius's outlook hits investor expectations for the company itself, while the surprise leadership news at Nvidia could spill over to the broader AI infrastructure segment.
market impact
Nebius shares: lowered outlook and sell-off weigh on the stock; AI infrastructure names react to the Nvidia leadership news
- Nebius Group shares pressure down — lowered full-year outlook and sell-off following the Nvidia news
tags
instruments
on polymarket
sources
- Nebius Stock Slides Amid Nvidia CEO Resignation — Market Talk, 12 November 2026 at 15:24 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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