Nvidia shares plunge 9% as board considers CEO Jensen huang's future
The chipmaker's stock slid in after-hours trading following reports that directors are weighing the chief executive's departure.
The chipmaker's stock slid in after-hours trading following reports that directors are weighing the chief executive's departure. Published 2026-11-12 by Falling Shares.
| By Falling Shares Intelligence, edited by Wung Thomas, Editor-in-Chief
Written by Falling Shares Intelligence, our automated newsroom, from the public sources listed below and live market data. Every figure is checked against that material before publication, but the story has not been reviewed by a human editor. Check the linked sources before relying on it, and report errors to info@fallingshares.com.
Nvidia shares plunged 9% in after-hours trading on Thursday after reports emerged that the board is preparing for CEO Jensen Huang’s departure. The fall followed news that directors are meeting to discuss the chief executive’s future. No official company announcement accompanied the drop.
Board weighs ouster
Reports from Al Jazeera and Capital FM Africa indicated that Nvidia’s board is meeting to consider the future of CEO Jensen Huang. BigGo Finance reported that the board is preparing for his departure, a move that triggered the sharp decline in the stock’s value.
The reports described the board’s actions as weighing the option of ousting the chief executive. None of the sources reviewed by Falling Shares provided details on the reasons behind the potential leadership change or the board’s deliberations.
Market reaction
The 9% drop occurred in after-hours trading. BigGo Finance noted that Wall Street analysts still see a buying opportunity despite the plunge. The company did not issue a statement confirming the reports or providing a reason for the fall.
Falling Shares rates the stock Unstable. By Falling Shares' measure, the move appears driven by governance speculation rather than financial results. The company has not clarified the board’s intentions or the timeline for any decision.