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Nvidia board tells CNBC it hasn't selected search firm to find Huang replacement

CNBC reported Nov 13 that Nvidia's board told CNBC it has not selected a search firm to find a permanent replacement for Jensen Huang; the outlet said speculation has swirled over who will succeed him.

MarketAlleys Research Desk

Published · 3 min read

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Illustration for: Nvidia board tells CNBC it hasn't selected search firm to find Huang replacement
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What happened

CNBC reported Nov 13, 19:42 UTC that Nvidia's board told CNBC it has not selected a search firm to find a permanent replacement for Jensen Huang. The report concerned Nvidia’s board and its process for identifying a permanent successor to Huang. It said speculation has swirled around who the board will select to permanently succeed him, according to CNBC.

Stocks market context

As of Nov 13, 20:31 UTC (Finnhub), the SPY ETF fell 0.55% from the prior close to $752.95; the QQQ ETF fell 1.35% from the prior close to $678.90; NVIDIA (NVDA) fell 2.35% from the prior close to $162.29. Apple rose 0.49% from the prior close to $356.63; Microsoft rose 0.32% from the prior close to $524.68; Meta Platforms rose 2.92% from the prior close to $641.79.

Instrument Last Change Basis As of Source
S&P 500 (via SPY ETF) $752.95 -0.55% vs prior close Nov 13, 20:30 UTC Finnhub
Nasdaq 100 (via QQQ ETF) $678.90 -1.35% vs prior close Nov 13, 20:31 UTC Finnhub
NVIDIA $162.29 -2.35% vs prior close Nov 13, 20:31 UTC Finnhub
Apple $356.63 +0.49% vs prior close Nov 13, 20:30 UTC Finnhub
Microsoft $524.68 +0.32% vs prior close Nov 13, 20:31 UTC Finnhub
Amazon $265.83 -0.60% vs prior close Nov 13, 20:31 UTC Finnhub
Alphabet $295.21 -1.17% vs prior close Nov 13, 20:31 UTC Finnhub
Meta Platforms $641.79 +2.92% vs prior close Nov 13, 20:31 UTC Finnhub
Tesla $390.13 -1.84% vs prior close Nov 13, 20:31 UTC Finnhub
JPMorgan Chase $344.60 +0.52% vs prior close Nov 13, 20:31 UTC Finnhub

Yahoo published a feature titled "Jensen Huang is out. What’s next for Nvidia?" about Huang's departure. Yahoo also posted "Nvidia announces CEO change as Jensen Huang resigns" and coverage of market betting on potential successors, according to Yahoo.

What to watch

No scheduled events relevant to Nvidia's leadership were available for this edition.

  • Mon Nov 16 (time not confirmed) — LKNCY Q3 2026 earnings · EPS estimate 6.45
  • Mon Nov 16 (before the open) — PDD Q3 2026 earnings · EPS estimate 19.21
  • Mon Nov 16 (before the open) — BIDU Q3 2026 earnings · EPS estimate 6.86
  • Mon Nov 16 (before the open) — XPEV Q3 2026 earnings · EPS estimate -0.91
  • Mon Nov 16 (before the open) — TSN Q4 2026 earnings · EPS estimate 0.59
  • Mon Nov 16 (before the open) — IQ Q3 2026 earnings · EPS estimate -0.05

Sources and data

  • CNBC (secondary source) — Nvidia hasn’t selected search firm for permanent Huang replacement, board tells CNBC
  • Yahoo (secondary source) — Jensen Huang is out. What’s next for Nvidia?
  • Finnhub (market data) — market data

Market data as of Nov 13, 20:31 UTC; report generated Nov 13, 20:41 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 13, 2026, 08:42 PM UTC)
  2. Yahoo (secondary, retrieved Nov 13, 2026, 08:42 PM UTC)
  3. Finnhub (market-data, retrieved Nov 13, 2026, 08:42 PM UTC)

Market data as of Nov 13, 2026, 08:31 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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