Nvidia Reports Say Jensen Huang Left Leadership Roles

Key Takeaways

• CoreWeave says qualified demand for its computing capacity is 10 times available supply through 2027 and is holding back some future capacity as prices rise.
• CoreWeave’s third-quarter revenue increased 168% to $3.66 billion; it reported $46.9 billion in debt and $846 million in net interest expense.
• Oracle reported $7.39 billion in cloud infrastructure revenue, up 121%, and $664 billion in remaining performance obligations; Vertiv revenue rose 61.2% to $4.31 billion.
• Micron’s memory supply remains constrained: industry DRAM shipments are forecast to grow at a low-20s percentage rate in 2027 and 2028, and most of its 2027 high-bandwidth memory supply is committed.
• Reports say Jensen Huang left his Nvidia leadership and board roles; CFO Colette Kress is interim CEO, and the board says operations and customer commitments should continue without interruption.
• After Huang’s reported departure, Nvidia fell 4.59%, while AMD rose 5.79% and Alphabet gained 2.06%; no new chip-shipment restrictions on Samsung or SK hynix have been announced.
• Microsoft’s Lazarus demonstration showed that changing seven rarely used neurons could make Nemotron-Terminal-8B produce a targeted command in at least 98.8% of triggered tests; Microsoft says it has not seen attackers use the method.
• KnowledgeLake launched a partner program for DocumentOS, which integrates with Microsoft 365 and SharePoint; Mercer Advisors acquired AI-enabled tax firm Fifteenth.
• Cybersecurity experts urge realistic simulations and continuous testing; banks should triage AI-discovered vulnerabilities by risk and control AI tools’ access to sensitive systems and code.
• DGEN Technologies announced an exclusive license to Humanos AI technology, but provided no further details; the supplied Barron’s article likewise contains no substantive discussion beyond its title.

CoreWeave holds back AI capacity as prices keep rising

CoreWeave CEO Michael Intrator says qualified demand for the company’s AI computing capacity is 10 times its available supply through 2027, but the company is choosing not to sell all of its future capacity yet. CoreWeave raised prices by about 25% in July and another 10% later in the quarter, and prices continued to rise in the fourth quarter. The company reported $46.9 billion in debt and $846 million in net interest expense in the third quarter. Quarterly revenue rose 168% to $3.66 billion, and CoreWeave raised its full-year outlook as its shares climbed more than 13% in Wednesday premarket trading.

CoreWeave’s AI demand points to continued pressure on Micron’s memory supply

CoreWeave CEO Michael Intrator said qualified demand for its computing capacity is 10 times available supply through the end of 2027. Micron shares rose more than 10% on November 11, but the article says CoreWeave did not mention memory on its earnings call and is not a direct measure of Micron’s sales. CoreWeave rents computing power built mainly on Nvidia hardware and signed a multiyear deal with Solidigm, an SK Hynix subsidiary, for priority access to enterprise SSD capacity. The article says Micron’s own limited supply is a bigger constraint, with industry DRAM shipments expected to grow at a low 20s percentage rate in 2027 and 2028 while supply remains tight. Micron has also secured deals for most of its 2027 high-bandwidth memory supply at much higher prices than a year earlier.

AI spending forecasts may fall while computing capacity stays sold out

Hightower’s Stephanie Link said on November 11, 2026, that data center spending could be $3 trillion to $4 trillion through 2030 rather than $7 trillion, but that would still be a huge investment. CoreWeave CEO Michael Intrator said the company is largely sold out through 2027, while Oracle renewed expiring capacity at a 20% premium and said prices rise when demand exceeds supply. Turning data centers into usable computing power takes time, with power access, permits and skilled labor among the limits cited by Vertiv CEO Giordano Albertazzi. Vertiv reported third-quarter revenue of $4.31 billion, up 61.2%, and organic orders grew more than 100% year over year. Oracle reported cloud infrastructure revenue of $7.39 billion, up 121%, and remaining performance obligations of $664 billion.

Nvidia leadership turmoil raises questions for Samsung and SK hynix

Reports on November 12 said Jensen Huang left his roles as Nvidia CEO, president and board member, with CFO Colette Kress named interim CEO while the company seeks a permanent successor. The controversy includes a US investigation into Megaspeed, suspected of diverting restricted Nvidia AI chips to China, and an unproven allegation about Alice Huang. Nvidia’s independent directors appointed outside counsel to examine whether Huang was targeted by a foreign intelligence operation; the board said it had no reason to believe national security or company information was compromised. Samsung and SK hynix, major suppliers of high-bandwidth memory used in Nvidia AI accelerators, could face closer checks on chip shipments through third countries, though no new restrictions have been announced. Industry officials said Huang’s departure could affect business discussions, but some expected current supply agreements to continue.

Nvidia falls as AMD and Broadcom gain after Huang’s departure

Nvidia shares fell 4.59% to $165.75 on Thursday after CEO, president and board member Jensen Huang resigned, though the stock recovered from an intraday low of $148.80. Nvidia named CFO Colette Kress interim CEO, and the company has not established that corporate secrets were compromised. AMD rose 5.79% to $584.89, Broadcom gained 5.65% to $364.73, and Alphabet climbed 2.06% to $299.49 as investors considered possible opportunities for Nvidia’s competitors. Nvidia-backed CoreWeave fell 7.49% to $56.22, while TSMC, Micron and SK Hynix also declined. Nvidia’s board said it expects operations and customer commitments to continue without interruption, and the company was scheduled to report quarterly earnings on November 17.

Microsoft shows how tiny AI model edits can plant hidden backdoors

Microsoft researchers demonstrated Lazarus, a method that hides a backdoor in an AI model by changing fewer than 10 rarely used neurons, without retraining the model. A trigger can make the model produce a malicious command, which an autonomous agent may run using its system permissions. In tests, seven changed neurons made Nemotron-Terminal-8B produce the target command in at least 98.8% of triggered sessions, while keeping its standard benchmark scores. Microsoft said it has not seen attackers use the method and shared defensive guidance. The team credited Claude Code running on Opus 4.5 with helping discover the idea.

Ray Wang says AI demand is outpacing tech companies’ capacity

Constellation Research CEO Ray Wang said strong AI demand is reflected in CoreWeave’s latest earnings. He also warned that financing concerns remain a risk, especially if debt markets tighten.

KnowledgeLake launches first partner program for its DocumentOS platform

KnowledgeLake launched its first formal partner program to expand its network of resellers, consultants, service providers and other partners. The program focuses on DocumentOS, a product built on the same code base as the KnowledgeLake Platform and designed for business process outsourcers. DocumentOS combines document processing, agentic AI and workflow automation, and integrates with Microsoft 365 and SharePoint. CEO Billy Biggs said customers want document tools that help deliver business outcomes, while partner DataBank says clients increasingly seek help using unstructured records in workflows and decision-making.

AI Proving Grounds leaders urge companies to test defenses before attacks

At a September 24 AI Proving Grounds Consortium event, Gartner VP Analyst Tom Powledge and cybersecurity leaders from SimSpace, Corelight and Dreadnode discussed how AI is speeding up cyberattacks. They said AI leaves organizations less time to detect and respond to threats. Realistic cyber simulations and continuous security checks can help companies find weaknesses before attackers exploit them. These tests can also help confirm that critical business operations remain resilient.

Barron’s examines the changing AI trade and its winners and losers

The article is titled “It’s the End of the AI Trade as We Know It. Who’s Feeling Fine?” It includes an image of Nvidia co-founder Jensen Huang and Alice Huang in Taipei in May 2025, credited to TVBS via AP. The provided article text does not include further details about its discussion of the AI trade.

Mercer Advisors acquires AI tax firm Fifteenth

Denver based wealth management firm Mercer Advisors has acquired Fifteenth, a technology focused tax and accounting firm. Fifteenth combines tax preparation and year round planning with a proprietary AI platform for clients dealing with stock options, liquidity events and multi entity filings. Its clients include employees of Silicon Valley technology companies. The acquisition adds tax professionals and technology developers as Mercer Advisors expands its wealth management and tax services. Mercer Advisors said tax professionals make up about one in 10 employees, a share expected to reach one in eight by the end of 2026.

Banks face new challenges as AI speeds up vulnerability discovery

AI tools can find possible security weaknesses in banks’ systems faster, but security and engineering teams may struggle to check and fix the findings. Banks need to validate each issue, assess its reach and possible impact, and prioritize repairs based on risk rather than treating every alert as equally urgent. The article recommends automated checks and risk based repair targets, with human review and reassessment of lower risk findings as conditions change. AI tools also create risks, including exposure of sensitive source code, excessive permissions and unreliable patches. Banks should set approved environments, access limits and review responsibilities while keeping vulnerability management and software supply chain processes continuous.

DGEN Technologies gets exclusive license to Humanos AI technology

DGEN Technologies Corp. announced that it has acquired an exclusive license to Humanos artificial intelligence technology. The announcement was made in Vancouver, British Columbia, on November 12, 2026. The article provides no further details about the technology or the terms of the license.

Sources

• CoreWeave CEO Deliberately Delays AI Capacity Sales Amid High Demand
• CoreWeave Says Its AI Demand Is 10 Times Its Capacity Through 2027. I Think Micron Stock Is Still Worth Buying.
• Smaller AI Spending Forecasts, Sold-Out Computing Power: Both Can Be True
• How Jensen Huang’s Nvidia exit over China spy scandal could hurt South Korean chip giants Samsung and SK hynix
• Nvidia, AMD, Broadcom: The AI Stock Winners and Losers After Jensen Huang’s Ousting
• Microsoft Researchers Reveal How Tiny Weight Edits Can Hijack AI Models
• Tech companies are telling us AI demand is exceeding capacity: Ray Wang
• Document AI Platform Developer KnowledgeLake Launches Inaugural Partner Program: Exclusive
• AI Proving Grounds Consortium Highlights Urgency for Preemptive Security as AI Accelerates Cyberattacks
• It’s the End of the AI Trade as We Know It. Who’s Feeling Fine?
• Mercer Advisors Acquires AI Tax Firm Fifteenth
• How AI Security Models Are Redefining Banking Resilience
• DGEN TECHNOLOGIES ACQUIRES EXCLUSIVE LICENCE TO HUMANOS ARTIFICIAL INTELLIGENCE TECHNOLOGY