Forbes: If Jensen Huang Steps Down, NVIDIA's Market Cap Could Evaporate by Over $1 Trillion

On November 12 that, according to Forbes, Nvidia's board is considering removing CEO Jensen Huang from his position, with a related investigation examining his personal relationships and potential security risks. Analysts warn that Huang's departure could further impact Nvidia's stock price and the global artificial intelligence industry.

Wedbush analyst Dan Ives estimates that if Huang is ousted, Nvidia's market capitalization could fall by another $1 trillion to $1.2 trillion. The report stated that Nvidia's market value has already shrunk by approximately $1 trillion since the matter was first disclosed, and its stock dropped as much as 8% in after-hours trading on Wednesday.

The article notes that Nvidia currently has no public CEO succession plan, with Chief Financial Officer Colette Kress viewed as a potential interim successor. Despite continued strong demand for AI chips, Huang's exit could heighten uncertainty surrounding the company's future technological innovation and business development.