Nvidia CEO Removal Alert: Board Met on Jensen Huang, NVDA Reacts

Lakshya Divekar
Lakshya Divekar
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Nvidia CEO Removal: Board Weighs Jensen Huang Exit, NVDA Near $161

As of November 12, 2026 (2:40 PM IST), Nvidia CEO news today is dominated by Nvidia CEO removal talk after the Wall Street Journal reported that directors are preparing to oust co-founder Jensen. ( https://www.wsj.com/business/nvidia-is-preparing-to-oust-nvidia-ceo-jensen-huang-30f421ad )

Nvidia shares fall after WSJ report headlines, and the NVDA stock price today after CEO report coverage stands at $161.39 in pre-market.

Nvidia CEO Removal News Today: What Did the Report Say?

The Jensen Huang WSJ report cited people familiar with the matter and said directors could meet on November 11. 

It followed reports of two extramarital affairs, one with a woman suspected of being a Chinese spy, per Reuters. ( https://www.reuters.com/technology/nvidia-is-preparing-oust-ceo-jensen-huang-wsj-reports-2026-11-11/)

Reuters’ source said the Nvidia meeting on Huang took place Wednesday. 

The company has 11 directors, all independent except him. No decision had been announced at the time of writing.

Wu Blockchain also covered this news in its tweet on X, saying admitted being unfaithful in a November 8 letter to employees.Wublockchain official tweet

Date

Event

Source

Nov 8

Independent investigation opens

Company statement

Nov 11

Removal plan reported

WSJ

Nov 11

Board meets

Reuters

Nov 17

Quarterly results call

Company release

Is Jensen Huang Being Removed as Nvidia CEO?

Not officially. As of November 12, 2026, no change has been announced. The WSJ says the board is preparing to act, and Reuters’ source says directors met on November 11. The board’s November 8 statement still expressed confidence in him.

Headlines saying Jensen Huang ousted are therefore premature.

Will Jensen Huang Resign From Nvidia?

No resignation is confirmed. The Kobeissi Letter also covered this news in its tweet on X, claiming market expectations of being removed or resigning hit a record 85%. The post names no source for that figure.The Kobeisssi letter official tweet

Who Will Replace Jensen Huang as Nvidia CEO?

No interim or permanent leader has been named. Reuters noted the Nvidia co-founder, 63, has no obvious successor and owns about 3.6% of the company. 

Any Nvidia interim CEO candidates, or a Jensen successor, remain speculation.

Any Nvidia new CEO announcement would come from the Nvidia board of directors, which opened its Nvidia board investigation on November 8 and said it had confidence in Huang.

Why Is Nvidia Stock Falling Today?

The Nvidia stock news centers on a possible Nvidia leadership change at the dominant AI chip supplier. 

Nvidia market cap loss reached roughly $600 billion this week, per Reuters. Kobeissi Letter put the figure at $650 billion, so the numbers differ.

Metric

Value

Nov 11 close

$173.73 (+2.87%)

NVDA pre-market price

$161.39

Change

-$12.34 (-7.10%)

NVIDIA Stocks price today

TradingView data, 2:40 PM IST. Wu Blockchain’s post said the NVDA after-hours drop reached 8%.

Nvidia CEO Removal Impact on AI Stocks

Traders may track Nasdaq futures Nvidia moves at the US open. A longer AI stocks selloff could follow if the board decision drags on.

Nvidia CEO Removal Impact on AI Crypto Tokens

For crypto news today readers, AI-linked tokens could react, but no verified token data backs that yet. 

Wider crypto news coverage should label any link as speculation.

Expert View: What Could Come Next?

Analysts quoted by Reuters, including Gil Luria of D.A. Davidson, said the board is likely to act once it has proof of rule violations. The results call on November 17 may bring answers.

Disclaimer: This article is for information only and is not financial, legal, or investment advice. Stocks and crypto assets are volatile. Verify details with official sources before making any decision.

Lakshya Divekar

About the Author Lakshya Divekar

English News Writer at coingabbar.com

Lakshya Divekar is a Content Writer with 6 months of experience in creating well-researched, engaging, and SEO-friendly content focused on blockchain, cryptocurrency, Web3, and fintech. He specializes in simplifying complex technical concepts into clear, reader-friendly articles for both beginners and experienced readers. His expertise includes crypto market news, educational content, project research, and trend analysis. Passionate about emerging technologies, Lakshya consistently stays updated with the latest developments in the blockchain ecosystem. With strong research skills, attention to detail, and a commitment to accuracy, he delivers high-quality, plagiarism-free content that informs, educates, and engages readers while maintaining high editorial standards.

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