Nvidia Board Reportedly Preparing to Oust CEO Jensen Huang

Nov 11, 2026
Nvidia's board is preparing to remove CEO Jensen Huang after two reported affairs, the Wall Street Journal reports. Shares fell 8% after hours.

Nvidia's board is preparing to oust co-founder and CEO Jensen Huang, the Wall Street Journal reported on Wednesday, according to TechCrunch. The board was set to meet as soon as Wednesday to decide his future, citing people familiar with the matter. Nvidia has not announced a decision.

The report follows the board's investigation into Huang. On Sunday, Huang admitted an affair with Alice Huang, who was an executive at Megaspeed International and whom US intelligence reportedly suspects of spying for China, The Japan Times reports. Megaspeed, Nvidia's largest Southeast Asian customer, has been under US investigation over possible chip smuggling; both companies deny wrongdoing. On Wednesday the New York Times reported that Huang also had a relationship with an Nvidia executive who reports to him, The San Francisco Standard reports.

Nvidia shares fell 8% in extended trading to $159.95, after closing at $173.73. Huang has led the company for 33 years, has about 60 direct reports and has no obvious successor or public succession plan.

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