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Nvidia board convenes amid reports about Huang

cnbc.com reported the company's board met Wednesday evening after reports that Huang engaged in an affair with an employee.

MarketAlleys Research Desk

Published · 4 min read

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Illustration for: Nvidia board convenes amid reports about Huang
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What happened

Cnbc.com reported Nov 12, 11:17 UTC in a story headlined "‘A dark day for Nvidia’: Here’s what analysts are saying as markets brace for news on Huang's fate." The piece concerned Nvidia and developments around Huang.

The publisher said the company's board convened Wednesday evening after reports emerged of Huang engaging in an affair with an employee, and the story included commentary from analysts.

Stocks market context

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

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 "Nvidia Board May Vote to Remove Jensen Huang as CEO Tonight. Here’s What Investors Need to Know." and "Nvidia stock drops as board weighs Jensen Huang’s future." Yahoo also published "Nvidia's Jensen Huang Is on the Hot Seat. Here's What I'm Doing With My Nvidia Stock" and "What Could Come Next After Huang's Ouster?"

What to watch

Finnhub lists CSCO Q1 2027 earnings as scheduled Thu Nov 12 (after the close) and AMAT Q4 2026 earnings as scheduled Thu Nov 12 (after the close); ROST Q3 2026, NU Q3 2026, STNE Q3 2026 and INTR Q3 2026 earnings are also scheduled Thu Nov 12 (after the close).

  • 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
  • Thu Nov 12 (after the close) — STNE Q3 2026 earnings · EPS estimate 2.56
  • Thu Nov 12 (after the close) — INTR Q3 2026 earnings · EPS estimate 0.98

Sources and data

  • cnbc.com (secondary source) — ‘A dark day for Nvidia’: Here’s what analysts are saying as markets brace for news on Huang's fate
  • Yahoo (secondary source) — Nvidia's Jensen Huang Is on the Hot Seat. Here's What I'm Doing With My Nvidia Stock
  • Finnhub (market data) — market data

Market data as of Nov 11, 21:00 UTC; report generated Nov 12, 12:40 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.com (secondary, retrieved Nov 12, 2026, 12:42 PM UTC)
  2. Yahoo (secondary, retrieved Nov 12, 2026, 12:42 PM UTC)
  3. Finnhub (market-data, retrieved Nov 12, 2026, 12:42 PM 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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