GoKawiilNvidia board reportedly weighs removing CEO Jensen Huang amid affair scandal
The Wall Street Journal reports Nvidia's board could meet as soon as Wednesday to decide whether co-founder and CEO Jensen Huang will remain at the company. The move follows Huang's admission of an extramarital affair with a woman described by U.S. intelligence as a Chinese spy, and a separate New York Times report that he had a relationship with a subordinate executive. Nvidia shares fell about 8% after hours and are down roughly 11% over the past five days.
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Huang has run Nvidia for 33 years and reportedly manages around 60 direct reports with no clear succession plan, so his potential departure could create significant leadership uncertainty at a company central to the global AI chip supply chain. The scandal's national-security dimension, given the alleged intelligence ties, may add pressure beyond typical corporate governance concerns. Markets appear to be pricing in real risk, as reflected in the stock's sharp decline.
- Nvidia's board may decide Huang's fate at a meeting as soon as Wednesday.
- Huang admitted an affair tied to alleged Chinese intelligence activity, and a second affair with a subordinate was reported separately.
- Nvidia stock dropped about 8% after hours and 11% over five days amid the uncertainty.
Source: techcrunch.com — Amanda Silberling, 2026-11-11
Published there as: “Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang”
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