# Nvidia Shares Drop as Huang Ouster Fears Rise

> Nvidia shares plunge 8% after reports of CEO Jensen Huang’s potential ouster.
- Title: Nvidia Shares Drop as Huang Ouster Fears Rise | Shortify
- Summary: Nvidia shares plunge 8% after reports of CEO Jensen Huang’s potential ouster. Nvidia shares fell 8% in after-hours trading as markets reacted to potential…
- Keywords: nvidia, jensen huang, ai markets, stock drop, after hours trading, ceo ouster, anthropic, billionaire executive, extramarital affair, ai infrastructure, The San Francisco Standard
- Source: The San Francisco Standard — https://sfstandard.com/2026/11/11/jensen-huang-nvidia-ouster-markets-roiled
- Published: 2026-11-12T01:33:16+00:00
- Read time: 1 min
- Topics: nvidia, jensen huang, ai markets, stock drop, after hours trading, ceo ouster, anthropic, billionaire executive, extramarital affair, ai infrastructure, news, local
## Nvidia Shares Plunge
Nvidia shares fell about 8% in after-hours trading Wednesday after The Wall Street Journal reported the company’s board is preparing to oust CEO Jensen Huang.
## Potential Ouster Reports
The prospect of Huang’s ouster emerged hours after The New York Times reported the billionaire executive had been having a second extramarital affair with a subordinate.
## Board Seeking Replacement
Bloomberg reported the board is working with an outside firm to identify a replacement chief executive.
## Market Reaction
Because the reports emerged after the closing bell, the stock price drop reflects after-hours trading when volume is typically thin and prices can swing more sharply.
## Previous Affair Disclosure
Nvidia’s stock fell briefly earlier this week after Huang admitted to employees on Sunday that he had had an affair with a woman suspected by U.S. intelligence officials of spying for China.
## Analyst Reactions
Shay Boloor, chief market strategist at The Futurum Group, said he doesn’t see the next 12 to 18 months of revenue disappearing if Jensen were to leave.
## AI Industry Impact
Huang’s potential ouster could complicate Anthropic’s highly anticipated initial public offering next week which requires Nvidia to invest $10 billion through a private placement.
## Market Consequences
Some Nvidia suppliers like Ibiden fell as much as 7.2% while Advantest dropped 4% in early trading.
## Key takeaway

Nvidia shares fell 8% in after-hours trading as markets reacted to potential CEO ouster of Jensen Huang.