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Nvidia's board may fire Jensen Huang, sparking talks of him joining Elon Musk's Terafab chip project.

Market News
12 Nov 2026, 14:33 WIB
247 Wallst
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Bearish
Nvidia's board may fire Jensen Huang, sparking talks of him joining Elon Musk's Terafab chip project.

Nvidia's board is considering removing Jensen Huang, the company's co-founder and longtime CEO, amid personal controversies. Huang's potential departure has sparked speculation about him partnering with Elon Musk on Terafab, a massive chip manufacturing project by Tesla and SpaceX aiming to produce AI hardware at an unprecedented scale. This move could reshape the semiconductor and AI industries, impacting Nvidia and Tesla shareholders significantly. The board's decision is pending, and Huang has not publicly disclosed his plans yet.

As of Nov 12, 2026 19:42 WIB, Nvidia shares on Pluang are trading at USD 160.04, down 7.88% for the day, while Tesla shares are at USD 387.60, down 0.82%. Despite the news of potential leadership changes at Nvidia and speculation about a partnership with Elon Musk, Pluang order activity shows 69% of Nvidia trades are buys, contrasting with Tesla's 81% sell activity. Nvidia's market cap stands at $4.20 trillion, highlighting its significant presence in the technology sector.

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