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Nvidia shares plunge as CEO's future hangs in balance

SBS News Australia •
November 12, 2026 • 08:02 AM
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Nvidia shares tumble amid reports its board is considering Jensen Huang's future. What does it mean for investors?

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Source : SBS News / Ricardo Goncalves

Nvidia shares have tumbled amid fresh allegations involving CEO Jensen Huang, raising questions about the company's leadership and the broader AI investment boom. SBS Finance Editor Ricardo Gonçalves speaks with market analyst Evan Lucas about the fallout and investor sentiment while Xero CEO Sukhinder Singh Cassidy discusses the company's latest profit result, the outlook for small businesses and the growing role of artificial intelligence.

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Same Story from Other Publications

Compare how 6 other independent news outlets reported on this story.

6 Publications
The Australian Financial Review (AFR)
20h ago
Stunning fall: Inside Jensen Huang’s last hours as Nvidia CEO

Stunning fall: Inside Jensen Huang’s last hours as Nvidia CEO

Two weeks ago, the billionaire and tech titan was the face of artificial intelligence around the world. Now his legacy is under a cloud.

#ceo #nvidia #jensen
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The Age
20h ago
‘I don’t care’: Inside Jensen Huang’s last hours as Nvidia CEO

‘I don’t care’: Inside Jensen Huang’s last hours as Nvidia CEO

At the end, Jensen Huang looked broken and shattered, his legendary energy depleted.

#ceo #nvidia #jensen
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NPR News
14h ago
Nvidia CEO steps down. And, Sen. Chris Van Hollen to run for majority leader

Nvidia CEO steps down. And, Sen. Chris Van Hollen to run for majority leader

Nvidia's chief financial officer has been appointed interim CEO after Jensen Huang stepped down from the role. And, Sen. Chris Van Hollen says he will challenge Chuck Schumer for majority leader.

#ceo #nvidia #huang
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CNN International
3h ago
Nvidia’s week of chaos, explained | CNN Business

Nvidia’s week of chaos, explained | CNN Business

In a matter of days, a corporate scandal has toppled the leader of the world’s second-most valuable company, Nvidia CEO Jensen Huang; thrust his family into the spotlight; raised huge questions about the future of the AI industry; and landed on Washington’s doorstep.

#nvidia #jensen #huang
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The Guardian
6h ago
Why the Nvidia scandal is far from over - The Latest

Why the Nvidia scandal is far from over - The Latest

Jensen Huang’s resignation from the AI chipmaker Nvidia has sent shockwaves through the global economy. The fallout is not over yet, with criticism mounting over the apparent lack of action from the US commerce secretary. Lucy Hough speaks to the Guardian’s global technology reporter, Aisha Down

#nvidia #jensen #huang
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TechCrunch
7h ago
Export-banned Nvidia chips are behind China's most powerful AI models—uh oh, Jensen! | TechCrunch

Export-banned Nvidia chips are behind China's most powerful AI models—uh oh, Jensen! | TechCrunch

New research shows the most advanced AI models from China were trained on banned Nvidia chips.

#nvidia #jensen #huang
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