Nvidia board weighs Jensen Huang's exit and its impact on AI chip race

Nvidia's board is considering removing CEO Jensen Huang following reports of an affair with a woman suspected of spying for China, a move that would end his 33-year leadership of the AI chip giant. Six of 11 directors can vote to oust him with or without cause. The board opened an independent investigation on November 8, and Huang admitted to infidelity, taking "full responsibility." Nvidia shares fell over 8% in after-hours trading after reports of a second relationship with a senior executive. The company supplies an estimated 90% of chips for major AI projects. A successor would face questions about Nvidia's aggressive growth strategy, with rivals like AMD and Broadcom already gaining in trading. Huang's exit could weaken opposition to tighter US export controls on China, potentially benefiting Chinese chipmakers.