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en.fnnews.com$NVDA

Nvidia shares fall 8.6% after hours; market cap slips to third behind Microsoft

Nvidia shares fell 8.6% in after-hours trading, dropping its market cap to $3.834T and third place behind Microsoft. The decline followed a WSJ report about potential CEO removal. Shares closed regular trading at $173.73, down from a recent high of $239.24. Rivals AMD and Broadcom gained on spillover expectations.

Original reporting
en.fnnews.com
Published Nov 12, 2026, 1:58 AM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Nov 12, 2026, 3:07 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Nvidia shares fall 8.6% after hours; market cap slips to third behind Microsoft — source image
Source · en.fnnews.com
Decision brief

The 30-second read

$NVDABearishHigh
01

Why it matters

The news sparked an 8.6% after‑hours decline, indicating heightened risk perception among traders.

02

Market read

The unexpected board move creates immediate trading opportunities and risk for NVDA and related AI stocks.

03

What to watch

Potential short‑term buying pressure from investors betting on a quick resolution or a buy‑back announcement.

Relevance 7/10Novelty 7/10Timing: after‑hours today

Background

Nvidia, the world’s largest AI chip maker, has seen its market‑cap fall to third behind Microsoft after a board‑related leadership rumor.

Company-level read

Ticker impact

$NVDABearishHigh confidence
Context

After-hours shares fell 8.6% as WSJ reported the board is preparing to remove CEO Jensen Huang.

Expected impact

likely further downside as investors price in leadership uncertainty

Evidence & confidence

The abrupt after‑hours drop and the unprecedented board action create immediate risk, prompting traders to consider short positions or defensive hedges.

Market effects

Sector

AI‑chip sector may see broader volatility as peers assess governance risk.

Regional

U.S. tech indices could dip in after‑hours trading.

Global

Global AI‑related equities may experience heightened scrutiny.

Counterpoint

What could challenge this read

If the board change stabilizes leadership, a rebound could occur once clarity is restored.

Key entities

  • Company
    Nvidia

    AI chipmaker facing board‑level leadership change.

  • Executive
    Jensen Huang

    CEO whose removal is being considered.

Read at source← All news

StoryNvidia board meets to decide Jensen Huang’s future amid affair scandal

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6 outlets

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