Nvidia shares slide on reports of possible CEO ouster

Nvidia shares fell sharply following media reports that the board may be preparing to remove CEO Jensen Huang, with the stock dropping up to nine percent to $158, its lowest level since mid-2025. The board could meet as soon as Wednesday to decide Huang's future. The reports follow an ongoing company investigation into allegations that Huang was targeted by foreign espionage, linked to his confirmed affair with a woman suspected by US security circles of being a Chinese spy. The New York Times also reported Huang had another affair with a subordinate manager. Huang is a defining figure of the AI boom, and his potential ouster could plunge the semiconductor giant, one of the world's most valuable companies, into a leadership crisis. Nvidia has not commented on the latest reports.