12 November 2026
If you are covering the news that Nvidia's board is considering ousting co-founder and chief executive Jensen Huang, please find below a comment from Ben Barringer, head of technology research at Quilter Cheviot:
"Clearly Nvidia's board is taking the allegations of another affair by Jensen Huang incredibly seriously given they have gone as far as hiring an external search firm to look for potential successors. Following another incident of poor judgement, markets are now coming around to the idea that Huang will have to relinquish control and start to question what the structure of Nvidia looks like going forward. There is no natural successor at Nvidia, although CFO Colette Kress would be the most obvious choice. Huang is listed as the co-founder, president and chief executive of Nvidia, so there is every possibility he stays on as president in a much reduced role, but retaining some level of influence.
"Whatever happens from here is unlikely to damage Nvidia in the short-term. The order book remains strong and performance is being delivered. Those drivers are not likely to change in the short-term. Where there will be potential fallout is in the long-term outlook for Nvidia and the wider AI ecosystem. Huang is hugely influential in the debates around AI regulation and financing, and if his voice is diminished then Nvidia may not carry the sway it once did.
"Nvidia has got to a size where any move it makes will have a ripple effect across the industry and wider markets. Nvidia is heavily involved in the financing of neo-cloud providers, so we are likely to see some volatility in that space going forward. However, if Nvidia stumbles, the key beneficiaries are often their competitors, and we see that already in the positive share price reaction from AMD and Broadcom.
"This has been an incredibly volatile period for the big tech companies, and this whole episode has the potential to add more fuel to the fire."
