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Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang

Nvidia's stock has dropped as reports indicate its board is reportedly preparing to remove founder and CEO Jensen Huang after 33 years. A decision is expected as soon as Wednesday evening.

Background

Jensen Huang co-founded Nvidia in 1993 and has served as CEO since the company's inception, guiding it through the AI boom. Any leadership change at Nvidia would have significant implications for the AI chip industry.

Source
TechCrunch
Published
Nov 12, 2026 at 07:28 AM
Score
7.0 / 10