The after-hours plunge
Nvidia shares lost more than 8% at one point during Wednesday's after-hours trading in the United States, according to a report by the South China Morning Post in its Tech section. The decline erased the 2.9% rebound recorded in the regular session, which came after the stock had shed more than 9.5% in total between Monday and Tuesday. This is therefore a third phase of pressure on the stock in just a few days, with the difference that this time the decline materialized when the main market was closed.
Speculation About the Board and Huang's Role
Behind the move, the newspaper writes, are growing uncertainties about Jensen Huang's continued leadership of the company. The South China Morning Post cites U.S. media articles according to which the board of directors could meet as early as Wednesday to examine the CEO's position. The Wall Street Journal, cited in the same account, reportedly said that the board was preparing to remove him, indicating Wednesday as a possible date for the decision and citing informed sources.
The picture that emerges from the material is that of a developing story rather than a formalized decision: the available information comes from journalistic reports and not from official company communications. The South China Morning Post also mentions the circumstance of another extramarital relationship among the factors said to have fueled concerns about the manager's future.
What remains to be verified
The point to clarify is whether the board of directors will actually meet and with what outcome. At present, the material reports neither confirmation nor denial from Nvidia, and does not indicate when the company intends to comment. It is also not known whether any decision would concern immediate removal from the role or a different path.
On the market side, the after-hours reaction signals that investors are pricing in a governance risk, but the figure should be read with caution: this is trading after the close, often more volatile and less representative than the regular session. Without an official communication, the extent and persistence of the decline remain to be confirmed in the coming sessions.
