Politics

Report: Nvidia preparing to oust CEO Jensen Huang after affair with woman U.S. officials deemed a Chinese spy

Nvidia shares plunge in extended trading, sending Asian markets lower Nvidia board reportedly deciding whether to oust CEO Jensen Huang Too big – and too well-connected – to sack?

✦ Extractive summary — built from the sources' own reporting•From 11 sources•1 min read•Updated November 12, 2026, 8:42 AM UTC
Key points
  • The Scoop Some members of Nvidia’s board favor appointing Chief Financial Officer Colette Kress as interim CEO at the beleaguered chipmaker if CEO and founder Jensen Huang is ousted, according to people familiar with the matter.
  • Nvidia’s board of directors is preparing to remove Chief Executive Jensen Huang, an ouster that would follow his admission of having an extramarital affair with a woman U.S.
  • Nvidia's board is preparing to dismiss CEO Jensen Huang following a report from the New York Times about a second alleged extramarital affair, just days after he admitted to a separate affair with a woman alleged to be a Chinese spy, The Wall Street Journal reports.

Nvidia’s board is set to decide the future of its founder Jensen Huang after revelations that he had a romantic relationship with a company executive, days after it emerged that he had an affair with a suspected Chinese spy.

Additional details
  • Scrutiny intensified over the extent of the Trump administration’s knowledge of Nvidia CEO Jensen Huang’s relationship with an alleged Chinese spy, a scandal that comes just a week before a superpower summit.
  • Nvidia’s board has debated whether, as part of its potential replacement of Huang, to introduce a chief operating officer to serve alongside the interim chief executive, some of the people said.
  • Nvidia CEO Jensen Huang has until the end of the day Wednesday to answer a call from House Republicans for a closed-door briefing on his affair with alleged Chinese spy.
  • Shares in Nvidia sank Wednesday night after the New York Times reported CEO Jensen Huang had a second affair with a senior executive who reports to him.
  • The looming decision by the chipmaking giant, first reported by the Wall Street Journal, would deal a swift end to Huang’s 33-year reign as CEO and promises to send shockwaves throughout the technology industry and upend America’s race in artificial intelligence.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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Every article behind this summary — 23 articles from 11 outlets