Technology · Santa Clara, California · United States of America · November 11, 2026

Nvidia board weighs ousting CEO Jensen Huang; shares plunge

Reported by 19 outlets · first reported Nov 11, 7:21 PM ET

Nvidia's board met Wednesday to decide the future of CEO Jensen Huang, according to US media reports. Huang has admitted an affair with a woman US intelligence is said to suspect of working for China. The New York Times reported a second affair, with a company vice president. Nvidia shares fell more than 8% after hours. The company hired an outside firm to identify possible successors, and a law firm to investigate. Elon Musk said hiring Huang would be an honor. Taiwan revoked the woman's entry permit.

Why it matters

Nvidia is the world's largest AI chipmaker, so its leadership and China ties affect investors and US export policy.

Background

Nvidia makes most of the chips used to train AI systems. Huang co-founded it and has argued against strict limits on chip sales to China. The scandal also raises security questions in Washington.

The story so far

1. Oct 29Nvidia CEO's contact reported as Chinese asset
2. Nov 8Nvidia opens investigation into CEO Jensen Huang
3. Nov 9Nvidia investigates CEO Jensen Huang over affair with suspected Chinese spy
4. Nov 10Nvidia chief faces FBI probe and lawsuit over alleged spy ties
5. Nov 11Nvidia board weighs ousting CEO Jensen Huang; shares plunge
6. Nov 12Nvidia board weighs future of CEO Jensen Huang after reports of affairs

Follow the whole story →

Sources

• The Guardian ↗Nov 11, 9:27 PM ET
• CNBC ↗Nov 11, 7:21 PM ET
• The Straits Times ↗Nov 11, 8:25 PM ET

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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