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Nvidia's board is reportedly deciding whether to push out Jensen Huang, the co-founder who built it into a roughly $4 trillion company. Here's the saga so far, and what's at stake.
Can Nvidia stay on top without Jensen Huang?
- The Wall Street Journal reported on Wednesday that Nvidia's board is preparing to oust Huang; Reuters and CNN, citing sources, said the board was meeting Wednesday night to decide his future. Nvidia did not comment. No decision had been announced when this was made.
- Sunday 8 Nov: Huang told staff "I was unfaithful to my wife." U.S. officials reportedly believe the woman involved is a Chinese spy (first reported by the New York Times). The board opened an independent investigation and said it had confidence in him; it has since hired Wachtell, Lipton, Rosen & Katz to run it.
- House committee chairs asked Huang for a closed-door briefing; on Wednesday they said a subpoena could follow if he doesn't agree (Bloomberg, via TechCrunch).
- Wednesday 11 Nov: the New York Times reported, citing five people who worked at Nvidia, that Huang also had an affair with an executive who reports to him. Not confirmed by Nvidia or Huang.
- Nvidia's stock fell about 8% in after-hours trading on Wednesday; Reuters counts about $600 billion of market value lost this week. AMD rose about 4% and Broadcom about 3% after hours (Reuters).
- No public succession plan; Huang has said he has about 60 direct reports; Nvidia's board has no chair and the company has no COO (Fortune). Experts told Fortune CFO Colette Kress could be an option as interim CEO.
News, not financial advice. Everything above is as reported on 11 Nov 2026.
Sources:
- Reuters (via Yahoo Finance), Nvidia board meets to decide CEO Huang's future: https://finance.yahoo.com/news/nvidia-preparing-oust-ceo-jensen-223546395.html
- The Verge, Nvidia's board is preparing to dismiss Jensen Huang: https://www.theverge.com/tech/1031652/jensen-huang-rumor
- TechCrunch, The unfolding Jensen Huang scandal: a timeline: https://techcrunch.com/2026/11/11/nvidia-ceo-jensen-huangs-affair-with-alleged-chinese-spy-a-timeline/
- TechCrunch, Nvidia's stock drops as board reportedly preps to oust CEO Jensen Huang: https://techcrunch.com/2026/11/11/nvidias-stock-drops-as-board-reportedly-preps-to-oust-ceo-jensen-huang/
- TechCrunch, Congress to call Jensen Huang in: https://techcrunch.com/2026/11/11/congress-to-call-jensen-huang-in-to-answer-for-alleged-chinese-spy-affair/
- Fortune, Report: Nvidia preparing to oust CEO Jensen Huang: https://fortune.com/2026/11/11/nvidia-oust-jensen-huang-spy-affairs/
- CNN, live updates: https://www.cnn.com/2026/11/11/business/live-news/nvidia-jensen-huang-investigation-fallout
- Nvidia, Statement from the NVIDIA Board of Directors (8 Nov): https://nvidianews.nvidia.com/news/statement-from-nvidia-board-of-directors
Footage and photos (used under their free licences):
- PM Modi is such an incredible student, NVIDIA CEO Jensen Huang (New York, Sep 2024): Narendra Modi, CC BY 3.0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:PM_Modi_is_such_an_incredible_student,_NVIDIA_CEO_Jensen_Huang.webm)
- Jensen Huang Stanford 2026-04-30 010 (cropped): Anderseidesvik, CC BY-SA 4.0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Jensen_Huang_Stanford_2026-04-30_010_(cropped).jpg)
- US Capitol west side: Martin Falbisoner, CC BY-SA 3.0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:US_Capitol_west_side.JPG)
- NVIDIA Headquarters: Coolcaesar, CC BY-SA 4.0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:NVIDIA_Headquarters.jpg)
- Logos: Simple Icons (CC0); trademarks of their owners, shown to identify the companies.
- Screenshots of nvidianews.nvidia.com and techcrunch.com, shown for news reporting.
Music: Deliberate Thought by Kevin MacLeod, CC BY 3.0, via Wikimedia Commons (https://commons.wikimedia.org/wiki/File:Deliberate_Thought_(ISRC_USUAN1100261).mp3)
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What the video says
Nvidia's board is reportedly deciding whether to push out Jensen Huang, the co-founder who built it into a roughly four-trillion-dollar giant. Previously: on Sunday, he admitted an affair. U.S. officials reportedly believe the woman is a Chinese spy. His board opened an investigation, but said it had confidence in him. Congress wants him at a closed-door briefing, or it may subpoena him. Then on Wednesday, the New York Times reported a second affair, with an executive who reports to him. It's not confirmed. Hours later, the Wall Street Journal said the board is preparing to oust him. The stock fell about eight percent after hours. About six hundred billion dollars of value, gone this week. Rivals AMD and Broadcom went up. And there's no clear successor. He has about sixty direct reports, and the board has no chair. Experts float finance chief Colette Kress as a stand-in. So, can Nvidia stay on top without Jensen Huang?