Nvidia Shares Tumble as Leadership Crisis Deepens
WSJ Minute Briefing

Nvidia Shares Tumble as Leadership Crisis Deepens

B2Upper-intermediateNovember 12, 20261 min
  • News bulletin
  • Business & money

Plus: Nvidia’s domestic and foreign competitors emerge as early beneficiaries of a potential leadership shakeup. And Democrat Scott Colom emerges victorious in Mississippi’s Senate race. Sandra Kilhof hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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Sentence 3 of 12 · 0:07

I'm Sandra Kilhof for The Wall Street Journal.

,

a CEO, leaving one of the world's most valuable companies in need of a new leader.

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0:00

Here's your morning brief for Thursday, November 12th. I'm Sandra Kilhof for The Wall Street Journal. We're exclusively reporting that NVIDIA's board is preparing to oust Jensen Huang, a CEO, leaving one of the world's most valuable companies in need of a new leader.

0:16

That follows revelations that Huang had a second extramarital affair. Huang, who has roughly 60 direct reports, has said he doesn't believe in succession planning. And Nvidia has disclosed to investors that could hinder its strategic planning and long-term

0:30

success. Nvidia shares fell by as much as 8 percent overnight, though they've recovered slightly ahead of the open. The Nvidia News is sending shockwaves across global markets today.

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