{
  "id": 19594112,
  "title": "Asian stocks fragile, Nvidia plummets as board to decide CEO’s fate",
  "url": "https://urgent.news/2026/11/12/asian-stocks-fragile-nvidia-plummets-as-board-to-decide-ceos-fate-19594112",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-12T02:28:15.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/11/12/asian-stocks-fragile-nvidia-plummets-as-board-to-decide-ceo-s-fate"
  },
  "original_language": "en",
  "account": "Asian stock markets started Thursday on a wobbly note, with Nvidia shares experiencing a sharp decline after its board reportedly considered ousting CEO Jensen Huang. The world's leading supplier of AI processors found itself in hot water after allegations surfaced that Huang had an affair with a suspected Chinese spy and a company executive. This scandal has cast a shadow over the company's future, leaving investors wary.\n\nDespite the volatility, regional indexes managed to perform relatively better. South Korea's Kospi rose by 0.2%, Taiwan's shares gained 0.5%, Japan's Nikkei 225 climbed 0.5%, and MSCI's Asia-Pacific index outside Japan slumped by 0.1%. However, the Nvidia stock drop weighed heavily on the S&P 500 e-mini futures, which fell by 0.4%.\n\nAnalysts noted that the AI sector's optimism had helped Wall Street make gains on Wednesday, with the S&P 500 surging by 1.3% and edging closer to recovering from the losses incurred during the recent US midterm elections. Positive developments at AI startups CoreWeave and Anthropic further fueled investor enthusiasm.\n\nIn a related development, the US dollar index held steady in Asian trade, reaching its highest level since April 9, 2022, amid speculation about a potential Federal Reserve interest rate hike. Bitcoin, the leading cryptocurrency, experienced a slight decline of 0.9%, while Ether also saw a marginal drop of 0.9%.",
  "summary": "Analysts believe the Nvidia board will not oust Jensen Huang until they have an all-star successor who is a known entity in the tech sector.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 11,
    "also_reported_by": [
      {
        "outlet": "Bloomberg",
        "title": "Nvidia Gets Rare Downgrade as Jensen Huang Scandal Weighs on Outlook",
        "url": "https://urgent.news/2026/11/11/nvidia-gets-rare-downgrade-as-jensen-huang-scandal-weighs-on-outlook",
        "published": "2026-11-11T16:49:45.000Z"
      },
      {
        "outlet": "Financial Times",
        "title": "Nvidia board set to meet after revelations Huang had affair with top company executive",
        "url": "https://urgent.news/2026/11/11/nvidia-board-set-to-meet-after-revelations-huang-had-affair-with-top",
        "published": "2026-11-11T22:56:26.000Z"
      },
      {
        "outlet": "CBS News",
        "title": "Nvidia's stock dives as board weighs move to oust Jensen Huang",
        "url": "https://urgent.news/2026/11/12/nvidias-stock-dives-as-board-weighs-move-to-oust-jensen-huang",
        "published": "2026-11-12T00:04:48.000Z"
      },
      {
        "outlet": "VnExpress Business",
        "title": "Nvidia said to be preparing to oust Jensen Huang as second affair reported",
        "url": "https://urgent.news/2026/11/12/nvidia-said-to-be-preparing-to-oust-jensen-huang-as-second-affair",
        "published": "2026-11-12T00:26:57.000Z"
      },
      {
        "outlet": "Motley Fool",
        "title": "Nvidia Board May Vote to Remove Jensen Huang as CEO Tonight. Here’s What Investors Need to Know.",
        "url": "https://urgent.news/2026/11/12/nvidia-board-may-vote-to-remove-jensen-huang-as-ceo-tonight-heres",
        "published": "2026-11-12T01:05:02.000Z"
      },
      {
        "outlet": "Nasdaq Markets",
        "title": "Nvidia Board May Vote to Remove Jensen Huang as CEO Tonight. Here’s What Investors Need to Know.",
        "url": "https://urgent.news/2026/11/12/nvidia-board-may-vote-to-remove-jensen-huang-as-ceo-tonight-heres-19584809",
        "published": "2026-11-12T01:25:02.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "Asian stocks fragile, Nvidia plummets as board to decide CEO's fate",
        "url": "https://urgent.news/2026/11/12/asian-stocks-fragile-nvidia-plummets-as-board-to-decide-ceos-fate-19589077",
        "published": "2026-11-12T02:00:19.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian stocks fragile, Nvidia plummets as board to decide CEO’s fate",
        "url": "https://urgent.news/2026/11/12/asian-stocks-fragile-nvidia-plummets-as-board-to-decide-ceos-fate",
        "published": "2026-11-12T02:01:01.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asian stocks fragile, Nvidia plummets as board to decide CEO's fate",
        "url": "https://urgent.news/2026/11/12/asian-stocks-fragile-nvidia-plummets-as-board-to-decide-ceos-fate-19592658",
        "published": "2026-11-12T03:16:50.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Elon Musk says it would be an 'honor' to hire Nvidia's Jensen Huang",
        "url": "https://urgent.news/2026/11/12/elon-musk-says-it-would-be-an-honor-to-hire-nvidias-jensen-huang",
        "published": "2026-11-12T03:25:05.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}