TF International Securities analyst Ming-Chi Kuo says Jensen Huang looks unlikely to come through unscathed, and the pragmatic course is for NVIDIA to gradually reduce its reliance on Huang's personal decisions and prepare a succession.

Concept illustration on a mustard background, with two stacked panels that show the same office: each has a sign lettered NVIDIA beside a green emblem at the top, a signboard lettered DECISIONS on the left, four trays of white folders with lines running to a stack of papers on a desk, and a dark silhouetted figure, seen from behind, seated in a red office chair; two large black opening quotation marks are stacked at the right edge beside the upper panel. In the lower panel, the line from the bottom tray is dashed instead and runs along the bottom past the desk, with a single folder on it, to an empty chair drawn only as a dashed outline; beside the chair is a signboard lettered SUCCESSION, and a hand in a dark sleeve reaches in from the right edge and points a long stick at the dashed chair. Printed on the image: Kuo's personal judgment: NVIDIA should gradually rely less on Huang's decisions, prepare succession.

This is Kuo's personal judgment with no data attached, naming no candidate or timeline, and Kuo doesn't disclose holdings or client relationships. Kuo has long tracked Apple and the semiconductor supply chain. In Kuo's view, Huang's value lies in weighing strategy, organization, technology and supply chain together and then deciding fast; the supply chain's order visibility and aggressive spec upgrades are two different things, and the second is harder for someone else to take over. Kuo's two things to watch are whether NVIDIA's R&D efficiency holds up and how rivals respond (Ming-Chi Kuo, 2026-11-12). Read alongside main-line item 1: whether the board has decided is still unknown, and this item is about what the supply chain will watch whatever the outcome. How we checked →

Source and checks

This item ran in the brief of Nov 12, 2026, alongside 16 other items. How we checked it, the quote checks and what was still missing that day are on that issue's How we checked page.

Cite this item

SecondSource (2026). "TF International Securities analyst Ming-Chi Kuo says Jensen Huang looks unlikely to come through unscathed, and the pragmatic course is for NVIDIA to gradually reduce its reliance on Huang's personal decisions and prepare a succession.." https://secondsource.io/en/expert/2026-11-12-1/. Accessed access date.