Nvidia investors weigh succession as Huang exit reports circulate

Key facts

• Nvidia shares fell more than 8% in after-hours trading on Wall Street, per Capital Brief.
• Wilson Asset Management portfolio manager William Liu said investors would prefer Jensen Huang stays.
• Minotaur Capital co-founder Thomas Rice said a second reported relationship had changed his view.
• UK fund manager Stephen Yiu said Nvidia remains a hugely important part of the AI ecosystem.

Nvidia investors were weighing how much of the company's position in AI rests with co-founder and chief executive Jensen Huang, after reports of a possible ousting. Nvidia shares fell more than 8% in after-hours trading on Wall Street, Capital Brief reported.

Global fund managers were split on whether the market wanted Huang to stay. Minotaur Capital co-founder and portfolio manager Thomas Rice told Capital Brief on Thursday morning that a second reported extramarital relationship had changed his view. Wilson Asset Management portfolio manager William Liu said investors would prefer Huang stays and that the share price reaction showed the reports were seen as negative.

UK fund manager Stephen Yiu said Nvidia remains a hugely important part of the AI ecosystem and that technology leadership inevitably evolves.