Nvidia shares crash 9% on reports of another Jensen Huang affair, board preparing for ouster
CNBC-TV18 18 hrs ago·11 Nov 2026, 11:39 pm
Nvidia’s shares tumbled about 9% on Tuesday after media reports suggested a fresh internal dispute involving CEO Jensen Huang, with the board reportedly considering steps that could lead to his removal.
The sharp slide sent shockwaves through the broader semiconductor sector, pulling down stocks such as Intel, Dell and Super Micro, and pushed Nasdaq futures lower by a sizable margin. Because Nvidia accounts for a large share of the tech index, any volatility in its price tends to ripple across related names and market sentiment.
Investors will be watching for an official comment from Nvidia’s board, any filing with the regulator, and the timing of the next shareholder meeting. The outcome of the leadership dispute, as well as upcoming earnings reports from other chip makers, will help gauge whether the sell‑off is a short‑term reaction or the start of a broader correction.
Excerpt from CNBC-TV18
Published On Nov 12, 2026 | 05:09 IST Last Updated On Nov 12, 2026 | 05:09 IST The resumption of selling in Nvidia has dragged other chip stocks and the Nasdaq futures down with it. Shares of CoreWeave, after a 24% rally in regular trade, slumped 5% in afterhours, while Intel, Dell, Super Micro shares fell between 3%…Read the original at CNBC-TV18
Key takeaways
- Category: Company.
- AI reads the tone as negative (potentially bearish) for the stock.
- Flagged as a high-impact, market-moving story.
Why it matters
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