Wu Blockchain · 2026-11-11 23:08 UTC

Nvidia Board Preparing to Oust CEO Jensen Huang, Shares Fall as Much as 8% After Hours According to The Wall Street Journal, Nvidia's board is preparing to remove co-founder and CEO Jensen Huang, with directors potentially meeting as early as November 11 to decide his future. The move follows reports that Huang had extramarital relationships with two women, including Alice Huang, an executive at Singapore-based data company Megaspeed, a major Nvidia customer. Nvidia's board has launched an investigation into the matter. On November 8, Huang acknowledged being unfaithful to his wife in a letter to employees and apologized for betraying their trust. No final decision on his position has been announced. Nvidia shares fell as much as 8% in after-hours trading following the report.

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