Nvidia ousts CEO Jensen Huang; U.S. stocks fall, Asia shares rebound

Briefing by News4U · First published 2026-11-13 04:06:28 UTC

Nvidia’s board ousted founder and CEO Jensen Huang after revelations of extramarital affairs, naming CFO Colette Kress interim CEO; Nvidia shares fell 4.3 percent in New York, while the Dow, S&P 500 and Nasdaq each dropped 0.4 percent. In Asia, the KOSPI rose 1.48 percent to 5,421.99, the Nikkei gained 0.66 percent and Hong Kong’s Hang Seng slipped 0.57 percent. Nvidia rivals Broadcom, AMD and Alphabet rose, while AI-linked stocks such as Nebius fell 16.8 percent. [1] [2] [3] [4] [5] [6]

Sources

1. U.S. Stocks Down as Huang Ouster Sends Shockwaves Through Tech

   WSJ Markets · 2026-11-12 22:12:00 UTC · Summary only

2. Jensen Huang Is Out. Will Nvidia’s Rivals Cash In?

   Wired · 2026-11-12 22:14:41 UTC · Summary only

3. Wall St down as Nvidia drop outweighs energy gains

   RTHK Finance · 2026-11-12 22:26:24 UTC · Excerpt

4. Seoul shares trade up late Fri. morning after Nvidia leadership turmoil

   Yonhap Business · 2026-11-13 02:31:49 UTC · Full text

5. HK stocks slip as region finds feet after Nvidia shock

   RTHK Finance · 2026-11-13 03:06:41 UTC · Summary only

6. Asia Stocks Stage Tentative Rebound as Nvidia Uncertainty Lingers

   WSJ Markets · 2026-11-13 03:53:00 UTC · Summary only

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