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Forbes says Nvidia board may move to oust Jensen Huang

NewsFeeds update

Forbes says Nvidia's board is preparing to remove CEO Jensen Huang, who has led the company for 33 years, possibly at a meeting on 11 November. Wedbush analyst Dan Ives warned that a removal could wipe another $1tn to $1.2tn off Nvidia's market value.

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The story so far: Nvidia board investigation into Huang

Nvidia's board opened an independent investigation into reports CEO Jensen Huang was targeted by a foreign intelligence operation; Huang apologised and pledged to cooperate, and Trump backed him staying. Nvidia is now said to be preparing to remove Huang, possibly at a 11 November board meeting, with Dan Ives warning…

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Nvidia board opens independent investigation into reports Jensen Huang was targeted by foreign…

  2. Nvidia's Jensen Huang apologises over extramarital affair as board opens investigation

  3. Trump says Jensen Huang should stay on as Nvidia CEO

  4. Lu Xingzhi says Huang controversy used to advance three US chip goals against China

  5. Musk and Bill Ackman back Nvidia's Jensen Huang over personal error

  6. Musk agrees with Shaun Maguire that Nvidia's Jensen Huang is among the greatest entrepreneurs

  7. China's foreign ministry dismisses Nvidia espionage claims as groundless

  8. Nvidia board reviews Jensen Huang matter as Trump backs CEO

  9. Gary Gensler says Nvidia board faces tough choices after Jensen Huang affair report

  10. US government to brief Congress on Nvidia's Jensen Huang

  11. Nvidia says board opens independent investigation into claims linked to Jensen Huang

  12. Nvidia board lacks clear successor to Jensen Huang, The Information reports

  13. Dan Ives says Nvidia could lose 25-30% of value if Jensen Huang is removed

  14. Nvidia's Jensen Huang apologises to staff over recent turmoil, insiders say

  15. Nvidia board hires former prosecutor Joon H. Kim to investigate Jensen Huang matter

  16. Republican senator says Nvidia's Jensen Huang must resign over China spy allegations

  17. Lawyer says Trump backing will not decide Nvidia shareholder suit

  18. Nvidia said to be preparing to remove CEO Jensen Huang amid executive shakeup talk

  19. White House will not intervene in Nvidia board's decision on Huang, report says

  20. Forbes says Nvidia board may move to oust Jensen Huang

More AI updates

  1. Nvidia loses about $700bn in market value after Jensen Huang affairs exposed, Cointelegraph says

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  2. Google releases Gemini Decision 1 model that scores up to 1,000 questions per request

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  3. Sam Altman says ChatGPT launched despite 5% retention and firm bet on compute

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Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.