Nvidia slumps 35% from its peak as board meets to decide whether to oust Jensen Huang

TechnologyInternationalEL PAÍSNov 11, 2026, 11:45 PMAI summary

Nvidia shares fell more than 10% in after-hours trading to as low as $156 after a new scandal involving CEO Jensen Huang came to light. According to The Wall Street Journal, the board will meet to decide whether to dismiss him. The stock is down 35% from its October 6 record high, when it was valued at $5.8 trillion; the loss in market value is now around $2 trillion. Nvidia will report third-quarter results on November 17.

In 40 seconds

The stock is down 35% from its October 6 high of $243.37, with market value falling from $5.8 trillion to under $3.77 trillion
The board will meet to decide whether to dismiss Jensen Huang, according to The Wall Street Journal
Independent board members hired former federal prosecutor Joon H. Kim to conduct an independent investigation

Read the full story at EL PAÍS

IASummary generated by artificial intelligence from a story by EL PAÍS. It may contain errors: the original source prevails.

Nvidia
chips de IA
Jensen Huang
mercados
Wall Street

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Nvidia slumps 35% from its peak as board meets to decide whether to oust Jensen Huang

In 40 seconds

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Keep reading

'Compliance by design': the article proposing that Legal be involved from the design stage of AI systems

A European "USB" to repair satellites in orbit and reduce space debris

Frenetic, the Spanish transformer startup, enters Japan with Panasonic

Amazon and Google hold a combined stake worth nearly $400 billion in Anthropic