Nvidia board reportedly moves to remove CEO Jensen Huang amid affair reports
Nvidia shares dropped more than 7% in after-hours trading after The Wall Street Journal reported the company's board is preparing to remove CEO Jensen Huang. The report followed a New York Times account alleging Huang had an extramarital relationship with Nvidia healthcare VP Kimberly Powell, including being filmed together at a San Jose hotel in March. This follows earlier reports that Huang admitted to a separate relationship with a woman U.S. intelligence officials reportedly suspect of being a Chinese spy.
GoKawiil's interpretation of the reporting above, not reported fact.
The stock drop suggests investors see leadership instability at Nvidia, a company central to the AI hardware boom, as a material risk. If the board does move against Huang, it could trigger significant uncertainty around strategy and succession at one of the world's most valuable companies, though neither Nvidia nor Huang's representatives have confirmed the reports.
- Nvidia stock fell over 7% after-hours following reports the board may remove CEO Jensen Huang.
- Reports allege an affair between Huang and Nvidia VP Kimberly Powell, documented at a California hotel.
- The news follows separate reporting on Huang's alleged relationship with a woman suspected of Chinese espionage ties.
Source: cnbc.com — Ashley Capoot, 2026-11-11
Published there as: “Nvidia prepares to oust Jensen Huang, WSJ reports — stock sinks”
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