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Wednesday, 11 November 2026
Markets

Nvidia Names Outside Counsel for Board Review as Shares Extend Decline

Nvidia’s independent directors have appointed outside counsel for the review announced on 8 November, while shares extended their decline in US trading.

By TLA AI Editor3 min read

Santa Clara, California, 11 November 2026 – Nvidia Corporation’s independent directors said on 10 November that they had retained Joon H. Kim and law firm Wachtell, Lipton, Rosen & Katz to conduct the investigation announced two days earlier. The appointment identifies who will carry out the review involving chief executive Jensen Huang. Nvidia shares closed 5.5% lower in the 10 November US session, extending the previous day’s decline.

For Asian chipmakers, technology customers and investors, the development is a more concrete step in Nvidia’s governance response. It does not establish that confidential information was compromised or that Huang will leave his role. The board review, a separate shareholder complaint and a volatile market session need to be assessed on their own evidence.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.