Nvidia board weighs CEO Jensen Huang's future after scandal

Nvidia’s board is meeting Wednesday evening to decide CEO Jensen Huang’s future, with sources indicating he may be ousted after 33 years, sending shares down 8.6% in after-hours trading. The meeting follows a New York Times report of an additional extramarital relationship with a company executive, adding to scrutiny over a suspected Chinese spy connection. Trump administration insiders expect a possible removal, though Nvidia has not commented. Huang lacks a clear successor, having dismissed succession planning, and his departure would unsettle investors tied to his AI vision. Shares have fallen 27% from October’s peak, while rival chipmakers like AMD rose 4.5%.