Thursday, November 12, 2026
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Nvidia Stock Falls as Board Reportedly Moves to Oust CEO Jensen Huang

Nvidia shares fell following reports that the company’s board of directors may move to remove CEO Jensen Huang. The board could meet as soon as today to decide his fate, according to the report.

The decline reflects investor uncertainty over leadership at the chipmaker. Nvidia has not publicly confirmed any board action regarding Huang.

Huang co-founded Nvidia in 1993 and has led the company for more than three decades. He became the public face of the AI chip boom that drove Nvidia’s rapid growth.

The board’s reported review marks a rare challenge to Huang’s leadership. Details behind the move remain unclear, and no official statement has been released.

Nvidia’s stock has surged in recent years on demand for its graphics and AI processors. Any leadership change could affect the company’s strategic direction.

Investors are watching for confirmation from the board or the company. Trading in Nvidia shares showed volatility as the report circulated.

Nvidia has not responded publicly to the report. The situation remains developing, and further details may emerge after any board meeting.

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