NVIDIA's Board of Directors discusses the removal of Jensen Huang; stock price decline drags down U.S. futures
2026-11-12 17:53:35
According to CoinMeta, NVIDIA's board of directors is discussing whether to remove CEO Jensen Huang from his position, which has caused the company's stock price to fall and in turn dragged down U.S. stock market futures. The NASDAQ 100 index futures, which are dominated by technology stocks, fell by 0.6%, and the S&P 500 index futures fell by 0.3%. If the decline continues, NVIDIA's market value could evaporate by more than $200 billion. Related artificial intelligence concept stocks have also been affected; coreweave, a new cloud computing company that rose on Wednesday, fell by about 5%. Analyst Adam Crisafulli stated, "This news is clearly negative because Jensen Huang is a well-known executive at one of the most important companies in this global industry, and his departure will undoubtedly be a blow to the company."
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Source:Jin10 Data
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