WSJ: Nvidia Board Prepared to Oust Jensen Huang, Stock Dips 8% as Musk Backs Him

robleclerc · x · 2026-11-12

Per WSJ, Nvidia's board is preparing to oust CEO Jensen Huang; the stock fell 8% after hours on the report.

Investor Gavin Baker led the defense on X, arguing the board should finish its investigation and, if needed, make Huang chairman rather than remove him outright. He later revealed large shareholders were calling him to urge the board wait for the investigation, telling them to "call people who can impact the decision." Elon Musk replied "Exactly" and "💯" in rapid succession. Rob Leclerc quipped this is when Jensen finds out who his real friends are by how fast they step up to defend him.

Related event: Nvidia Board Reportedly Moves to Oust CEO Jensen Huang, WSJ Says(50 posts)→

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