Nvidia board weighs ousting CEO Jensen Huang over affairs, report says

Nvidia's board is preparing to oust CEO Jensen Huang following reports of extramarital affairs, including one with a suspected Chinese spy, according to the Wall Street Journal. The board may meet as soon as Wednesday to decide his fate, potentially leaving a leadership vacuum at the $4 trillion chipmaker. Huang's departure would remove the co-founder who built Nvidia into the dominant AI chip supplier over three decades. Shares slid about 8% in after-hours trading, contributing to a $600 billion market value loss this week since the board launched its investigation. The probe examines whether Huang was targeted by a foreign intelligence operation, with independent directors overseeing it. Huang acknowledged being unfaithful to his wife in a Sunday memo, taking "full responsibility" without details. He faces a potential congressional subpoena over his relationship with a Chinese businesswoman linked to chip shipments to Chinese firms. President Trump has voiced support for Huang, calling him "an honorable guy."