Nvidia stock drops 8.4% as board weighs Jensen Huang's future

Nvidia's stock plunged 8.4% in after-hours trading Wednesday following reports of CEO Jensen Huang's extramarital affair with a company executive and a board meeting about his future. The New York Times reported the relationship, while the Wall Street Journal said the board is preparing to remove Huang, who co-founded the company three decades ago. Nvidia did not immediately respond to comment requests. Earlier, the board announced an investigation into whether Huang was targeted by foreign intelligence, following reports of a separate relationship with a woman suspected of being a Chinese spy. Huang apologized Sunday for the affair. Investors are now concerned about the company's prospects without its AI-focused leader, whose vision has driven significant investment interest.