ATLAS News · Companies

Nvidia shares fall after Jensen Huang resigns as CEO; successor search reported

Published November 12, 2026 · 6 sources

The New York Times reports Nvidia's stock dropped after CEO Jensen Huang resigned, while Reuters cites the FT on an approach to Arm CEO Rene Haas.

What happened

The New York Times reports that Nvidia's stock fell after news that chief executive Jensen Huang resigned, even as the broader market rose slightly. Yahoo Finance described continued turmoil around the company the following day.

Yahoo Finance said markets were under renewed pressure on Friday as Treasury yields hit 5% and uncertainty around the AI industry led to a rotation out of technology stocks and into defensive sectors. It also reported that Nasdaq plunged at midday.

Reuters, citing the Financial Times, reports that Nvidia approached Arm CEO Rene Haas to succeed Huang. Yahoo Finance says Arm shares slid as the succession search put Haas in the spotlight. Investopedia notes that traders are gauging how much Nvidia stock may move after earnings next week.

Context

Nvidia is a major chipmaker whose products are closely tied to the artificial intelligence industry, so leadership news at the company is widely followed.

Why it matters

A change at the top of a key AI chip supplier can affect how investors view Nvidia and related companies such as Arm.

Stocks in this story

Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.

NVIDIANVDA

−4.34%

Technology · NASDAQ

Live price

$161.97▼ -4.34%

live price · USD

Close on November 12: $166.19−4.34% vs. previous close ($173.73)
Fair value (ATLAS): $155.16Fair range: $112.11 to $214.75The price ($161.97) is 4.4% above that figure: close to its fair value.
Chance of a rise in 1 month: 48%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $146.53 and $176.73; 9 in 10, between $124.10 and $208.66.

See the full ATLAS analysis of NVIDIA →

Closing prices, fair value and probabilities: ATLAS own data. How we calculate fair value.

Sources

ATLAS writes its own summaries from the reporting of these outlets. Each link opens the original publisher.

Nvidia Stock Tumbles After Jensen Huang Resigns as CEO · The New York Times · November 12, 2026
Stock Market Midday, Nov. 13: Nasdaq Plunges as Nvidia Turmoil Deepens and Treasury Yields Hit 5% · Yahoo Finance · November 13, 2026
Arm shares slide as Nvidia succession search puts CEO Rene Haas in spotlight · Yahoo Finance · November 13, 2026
Here’s How Much Traders Expect Nvidia Stock to Move After Earnings Next Week · Investopedia · November 13, 2026
Nvidia approached Arm CEO Haas to succeed Huang, FT reports · Reuters · November 13, 2026
Gallego joins Bloomberg, Discusses Path Forward on Immigration Reform, Slams Nvidia CEO for Jeopardizing National Security · U.S. Senate (.gov) · November 13, 2026

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