🇺🇸NVIDIA’s board reportedly engaged an external firm to identify potential CEO successors; an interim appointment remains under consideration.

NVIDIA’s board reportedly engaged an external firm to identify potential replacements for founder and CEO Jensen Huang. The Bloomberg-attributed report also said directors were considering an interim CEO while conducting a broader search for a permanent successor.

Separate reporting described a Wednesday board meeting to consider Huang’s future. These accounts concern deliberations and potential appointments: the supplied sources do not contain a company announcement confirming his removal or naming a successor.

The reports placed the deliberations in the context of allegations concerning Huang’s personal relationships. Because the supplied material consists of secondary Telegram reporting rather than a board statement or filing, those allegations and the reported succession process should not be treated as independently verified findings.

Financial_Express reported that NVIDIA shares fell as much as 10% in after-hours trading, with CoreWeave down more than 7% and IREN and Nebius down more than 4% in the same report. Separately, Morgan Stanley removed NVIDIA as a top pick while retaining an overweight rating, and Baird downgraded it to neutral and reduced its price target from $500 to $200.