Nvidia's stock fell more than 8% after the close of trading on Wednesday, sliding to $159.51 in after-hours trading on news that the chipmaker's board is preparing to oust longtime CEO Jensen Huang. The drop deepened a selloff that has erased more than $450 billion in market value since the company announced its probe into Huang's conduct on Nov. 8.
That is why the search for Nvidia Stock Price Prediction 2027 has turned into a question about leadership, not just valuation. Huang built Nvidia into the company at the center of AI after co-founding it in 1993, and investors now have to weigh what happens if the board follows through on a move that would mark one of the biggest governance shocks in the sector.
The board's reported plan lands after a week of internal upheaval. Nvidia launched an investigation after Huang admitted to having an extramarital affair, and he told employees on Sunday that he had strayed and apologized to his wife and their two children. In a separate message, he said, “There is no excuse for what I did. I am deeply sorry.”
What makes the move harder to absorb is the absence of an obvious replacement. Wall Street analysts say Nvidia lacks a clear successor, even as corporate governance experts argue Huang's alleged relationship with Alice Huang appears to conflict with the company's code of conduct. That code warns employees to avoid personal relationships that could create a conflict of interest, and Huang himself wrote that workers have a duty to maintain high ethical standards and should ask whether an action could be defended if it were made public.
The pressure is spreading beyond the company. President Trump said this week the FBI is also looking into romantic and business ties between Huang and Alice Huang, while U.S. intelligence agencies have linked her to China and said she is suspected of being an asset of the Ministry of State Security. The Trump administration is aware of the board's plans, according to sources cited by CBS News.
Nvidia's 11-person board includes Huang, with the other directors listed as independent in a regulatory filing, so any removal would have to come through the board itself rather than a public fight. That makes the next step unusually sharp for a company built around one name: whether directors move to replace the CEO, and if they do, who can step into a business that still has no obvious heir.
Congress is also expected to question company executives about whether Nvidia chips are being funneled to China through other countries, adding another layer of scrutiny to a company already under pressure from investors, regulators and its own board.
