Nvidia shares dive after report that board preparing to oust Jensen Huang
Nvidia shares fell sharply in after-hours trading, down 7% according to Business Insider, after The Wall Street Journal reported that the company's board was preparing to remove founder and CEO Jensen Huang, with multiple outlets reporting the board could meet as soon as Wednesday night to discuss his future. The reports came alongside a New York Times report that Huang had a relationship with an executive who reported to him, which Business Insider describes as a second affair, and Benzinga reports that Baird downg
Benzinga frames the story around Huang's personal life and the stock's valuation, while Business Insider puts a specific figure on the move (a 7% after-hours drop) and ties the board's reported plans to a "second affair." NBC News cites a New York Times report that Huang had a relationship with an executive who reported to him, and it describes the board meeting as a discussion of his "future" rather than a decision to oust him. CBS News attributes the removal report to The Wall Street Journal, and MarketWatch says only that the board may meet to decide the CEO's fate; neither excerpt mentions a reason. TechCrunch notes that Huang founded the company and has been CEO for 33 years, and that a decision could come as soon as Wednesday evening; no right-leaning outlets are among these reports.
CRAYON analysis of the outlets' accounts — read them below and judge for yourself.Coverage 10 sources · 18 reports · 5L5C
Chronological — read the same story from every side and decide for yourself.
- Stock Market Today: Dow, S&P 500 Futures Rise Despite Nvidia Sell-Off Over Jensen Huang Controversy — NVDA, OXY, CEG In Focus (UPDATED)
- Jensen Huang’s Love Life Just Made Nvidia the Dow’s Cheapest Stock
- Nvidia Bloodbath Over by November’s End? Crypto Bettors Weigh NVDA Stock’s Next Move as Jensen Huang Controversy Brews
- Nvidia Stock Gets Rare Downgrade: Baird Slashes Target 60% on Jensen Huang Scandal
-
Nvidia’s stock drops as the board reportedly prepares to remove CEO Jensen Huang
Nvidia’s board of directors could reportedly meet as soon as today to determine the CEO’s fate.
-
Nvidia stock falls 7% after report board is preparing to oust Jensen Huang after second affair
Nvidia stock was down 7% after hours following two new reports about Jensen Huang dropped, including one that said its board was preparing to remove him.
-
Nvidia shares dive after report that board preparing to oust Jensen Huang
Nvidia shares fall sharply in after-hours trading after The Wall Street Journal reports the company's board plans to remove Jensen Huang as CEO
-
Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang
As soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.
-
Nvidia shares drop after hours amid reports of meeting over CEO Jensen Huang’s future
Shares of Nvidia dropped quickly in after-hours trading amid multiple reports that the company’s board would meet Wednesday night to discuss CEO Jensen Huang’s future and amid a New York Times report that he had a relationship with an executive who reported to him.
- Nvidia Stock Sinks as Jensen Huang Ouster Report Sends Investors Toward AMD, Broadcom
-
Nvidia shares plunge amid reports board to discuss CEO Huang’s future
Chip giants stock price falls more than 8 percent amid speculation over co-founder's position.
-
Cramer's stance on Nvidia's stock amid reports that CEO Jensen Huang may be ousted
Jim Cramer said Wednesday night that he was saddened by a news report that indicated Nvidia's board of directors is preparing to fire Huang.
-
Nasdaq futures fall as Nvidia sinks 8% after hours on report board may oust Huang
Stock futures were sliding Wednesday evening as a selloff in shares of Nvidia after the closing bell weighed on the Nasdaq-100 and dragged down shares of other chip makers.
-
Nvidia board reportedly meeting to decide CEO Jensen Huang’s future as chip giant’s share price plunges – follow live
Huang’s potential departure would leave a leadership vacuum at the roughly $4tn chipmaker he co-founded, with Nvidia’s shares sliding about 8% in after-hours trading Analysts have suggested that with no obvious successor, the Nvidia board has a difficult decision to make on whether to remove Jensen Huang as CEO. “Huang being removed immediately could be challenging for Nvidia since it does not have a succession plan in place,” Gil Luria, head of technology research at DA Davidson, said. They ar
-
Nvidia Shares Plunge As Board Reportedly Prepares To Oust CEO Jensen Huang
The AI chipmaker’s board reportedly met on Wednesday to discuss removing the company’s co-founder and CEO following revelations about two extramarital affairs, including one involving an alleged Chinese spy.
-
Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
The meeting comes after the executive and co-founder admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy Nvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy. The meeting marks a s
- Nvidia stock falls 7% as investors await Jensen Huang’s fate
- Stock Market Today: Nvidia Rout Sinks Nasdaq, S&P 500 Futures as Board Weighs Jensen Huang’s Future — CRWV, TTEK, FNV in Focus
Related stories
Business
House Republicans consider issuing subpoena to Nvidia CEO Jensen Huang
Sports
Viral video captures hotel brawl between MMA stars Dvalishvili, Nurmagomedov
Sports
Robertson set to make history but his hero Dalglish will always be King
Discussion 0 comments