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Cramer says he was saddened by report Nvidia board may oust Jensen Huang

CNBC reported Nov 12, 01:14 UTC that Jim Cramer said Wednesday night he was saddened by a news report indicating Nvidia's board is preparing to fire Jensen Huang.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: Cramer says he was saddened by report Nvidia board may oust Jensen Huang
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What happened

CNBC reported Nov 12, 01:14 UTC that Jim Cramer said Wednesday night he was saddened by a news report indicating Nvidia's board of directors is preparing to fire Jensen Huang. The item names Jim Cramer and concerns Nvidia and its founder and CEO, Jensen Huang.

CNBC's summary locates the comment to Wednesday night and characterizes Cramer's reaction as sadness regarding the earlier news report about the board preparing to remove Huang.

Stocks market context

As of Nov 11, 21:00 UTC, the following prices and moves are from the prior close (Finnhub): the SPY ETF is $759.81, rose 1.32%; the QQQ ETF is $690.38, rose 2.31%; NVIDIA is $173.73, rose 2.87%; Apple is $355.63, rose 2.04%; Microsoft is $521.13, fell 2.26%; Amazon is $266.17, fell 1.74%; Alphabet is $293.45, rose 2.11%; Meta Platforms is $628.77, fell 1.97%; Tesla is $390.84, rose 2.91%; JPMorgan Chase is $343.39, rose 0.39%.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $759.81 +1.32% vs prior close Nov 11, 21:00 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $690.38 +2.31% vs prior close Nov 11, 21:00 UTC Finnhub
NVIDIA $173.73 +2.87% vs prior close Nov 11, 21:00 UTC Finnhub
Apple $355.63 +2.04% vs prior close Nov 11, 21:00 UTC Finnhub
Microsoft $521.13 -2.26% vs prior close Nov 11, 21:00 UTC Finnhub
Amazon $266.17 -1.74% vs prior close Nov 11, 21:00 UTC Finnhub
Alphabet $293.45 +2.11% vs prior close Nov 11, 21:00 UTC Finnhub
Meta Platforms $628.77 -1.97% vs prior close Nov 11, 21:00 UTC Finnhub
Tesla $390.84 +2.91% vs prior close Nov 11, 21:00 UTC Finnhub
JPMorgan Chase $343.39 +0.39% vs prior close Nov 11, 21:00 UTC Finnhub

Yahoo published multiple items reporting that Nvidia shares fell in after-hours trading as the board weighs whether to remove Jensen Huang and that the stock was down about 8% in after-hours trading. Cointelegraph reported that Nvidia’s board could meet as soon as today to decide Jensen Huang’s future, citing the Wall Street Journal.

What to watch

According to Finnhub, CSCO Q1 2027 earnings is scheduled Thu Nov 12 (after the close) and AMAT Q4 2026 earnings is scheduled Thu Nov 12 (after the close).

  • Thu Nov 12 (before the open) — M Q3 2026 earnings · EPS estimate -0.18
  • Thu Nov 12 (before the open) — KSS Q3 2026 earnings · EPS estimate 0.00
  • Thu Nov 12 (after the close) — CSCO Q1 2027 earnings · EPS estimate 1.35
  • Thu Nov 12 (after the close) — AMAT Q4 2026 earnings · EPS estimate 4.13
  • Thu Nov 12 (after the close) — ROST Q3 2026 earnings · EPS estimate 1.87
  • Thu Nov 12 (after the close) — NU Q3 2026 earnings · EPS estimate 0.23

Sources and data

  • CNBC (secondary source) — Cramer's stance on Nvidia's stock amid reports that CEO Jensen Huang may be ousted
  • Yahoo (secondary source) — Nvidia's stock dives as board weighs move to oust Jensen Huang
  • Cointelegraph (secondary source) — Nvidia preparing to oust CEO Jensen Huang: WSJ
  • Finnhub (market data) — market data

Market data as of Nov 11, 21:00 UTC; report generated Nov 12, 01:40 UTC. All times are UTC. Each table row shows its own timestamp and provider.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.

Terms in this article

Sources & data

  1. CNBC (secondary, retrieved Nov 12, 2026, 01:42 AM UTC)
  2. Yahoo (secondary, retrieved Nov 12, 2026, 01:42 AM UTC)
  3. Cointelegraph (secondary, retrieved Nov 12, 2026, 01:42 AM UTC)
  4. Finnhub (market-data, retrieved Nov 12, 2026, 01:42 AM UTC)

Market data as of Nov 11, 2026, 09:00 PM UTC.

This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.

Ask about this story

Questions are answered only from this article and the sources it cites.

MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.

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