Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges

Why This Matters

Key context: <p>The meeting comes after the executive and co-founder admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy</p><p><a href="https://www.theguardian.com/technology/nvidia">Nvidia’s</a> board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy.</p><p>The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team, and the company’s stock slid more than 8% in after-hours trading after the <a href="https://www.wsj.com/business/nvidia-is-preparing-to-oust-nvidia-ceo-jensen-huang-30f421ad?mod=hp_onevizplusonevertical_pos_1">Wall Street Journal reported</a> that ⁠the company was preparing to fire Huang.</p> <a href="https://www.theguardian.com/technology/2026/nov/12/nvidia-board-decision-ceo-jensen-huang-alleged-second-affair">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.