Nvidia’s board met late on Wednesday to consider whether to remove co-founder Jensen Huang as chief executive, according to Reuters. The meeting followed a report that Huang had an affair with a company executive who reported directly to him. Nvidia shares fell more than 8% in after-hours trading, and the company had yet to announce a decision by Thursday morning.
Board considers an interim leader
The Wall Street Journal reported that directors were preparing to remove Huang, while Bloomberg reported that the board was considering an interim appointment and had enlisted an outside firm to identify potential successors. Huang has led Nvidia since co-founding it in 1993. Chief financial officer Colette Kress and senior executive Ian Buck have been discussed as possible interim candidates, according to Reuters.
The meeting came days after the board expressed confidence in Huang and his leadership team while announcing an investigation into his conduct. The New York Times separately reported on Wednesday that Huang had an affair with an Nvidia executive who reported directly to him, citing people who had worked at the company.
US lawmakers seek chip export records
The earlier inquiry concerns Huang’s relationship with a businesswoman whom US officials reportedly suspect of links to Chinese intelligence. US senators Elizabeth Warren and Chris Coons asked the Trump administration to preserve records relating to Nvidia’s chip exports to China and requested a congressional briefing. The request comes amid scrutiny of how Washington enforces restrictions on exports of advanced semiconductors to China.
Shares reverse gains after the close
Nvidia shares had gained 2.9% during Wednesday’s regular US session before falling in extended trading. Nasdaq futures also weakened as the sell-off spread to other companies exposed to spending on artificial intelligence infrastructure. Nvidia is due to report quarterly results on 17 November, when investors are expected to look for guidance on demand for its data centre chips and any update on the leadership review.
Newshub Editorial in North America – 12 November 2026
Nvidia’s board met late on Wednesday to consider whether to remove co-founder Jensen Huang as chief executive, according to Reuters. The meeting followed a report that Huang had an affair with a company executive who reported directly to him. Nvidia shares fell more than 8% in after-hours trading, and the company had yet to announce a decision by Thursday morning.
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