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

Nvidia's board of directors is meeting to decide the CEO's fate, after he admitted to an affair. Nvidia's board of directors is meeting to decide the CEO's fate, after he admitted to an affair. Thu 12 Nov 2026 02.43 ESTFirst published on Thu 12 Nov 2026 01.21 EST Nvidia's 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. The meeting marks a sharp shift from Sunday, when Nvidia's board expressed confidence in Huang and his leadership team. However, Huang's position became more tenuous late on Wednesday after it was reported by the New York Times that Huang had a separate extramarital affair with a company employee named Kimberly Powell.