Nvidia Shares Slide as Reports Point to Jensen Huang's Possible Ouster
The Wall Street Journal reports Nvidia's board is preparing to oust CEO Jensen Huang, and shares fell about 8.6% after hours to $158.76.
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what happened
Nvidia's stock will likely stay under pressure, according to analysts at Yorkville Ives, because Jensen Huang's time as chief executive may be running out. Citing The Wall Street Journal, Market Talk reports that Nvidia's board is preparing to remove Huang.
Yorkville Ives values Nvidia at $300 a share with Huang in charge and at $225 without him. The analysts expect a "very fluid situation over the next 48 hours" but still see the company getting through the turmoil and staying a core player in artificial intelligence.
In after-hours trading, Nvidia shares dropped about 8.6% to $158.76.
why it matters
The sharp after-hours decline reflects uncertainty over the company's leadership, and Nvidia remains one of the main beneficiaries of the artificial-intelligence boom. For the market, the key question is how a possible leadership change would play out and whether it shifts expectations for the business.
market impact
Nvidia and AI chip stocks: leadership uncertainty weighs on the shares
- Nvidia shares pressure down — reports of a possible ouster of the CEO sent the stock lower after hours
tags
instruments
on polymarket
sources
- Nvidia's Value Hinges on Huang's Future — Market Talk, 12 November 2026 at 01:36 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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