Nvidia's board met late Wednesday to consider removing chief executive Jensen Huang, after reports of two extramarital affairs, including one with an alleged Chinese spy, fuelled a market sell-off and raised questions about the AI chipmaker's leadership.
Issued on: 12/11/2026 - 05:05Modified: 12/11/2026 - 10:45
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Nvidia's board met late Wednesday to decide whether to oust CEO Jensen Huang, a source familiar with the matter told Reuters, as the world's dominant supplier of AI chips grapples with reports of two extramarital affairs involving its longtime leader.
Nvidia did not immediately respond to a request for comment on the board meeting.
The meeting marks a sharp shift from Sunday, when Nvidia's board expressed confidence in Huang and his leadership team. Under Nvidia's bylaws, Huang can be removed "with or without cause" by a majority vote of directors. Nvidia has 11 directors and considers all but Huang independent.
Nvidia's stock slid more than 8 percent in extended trading after the Wall Street Journal first reported that the company was preparing to fire Huang.
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