Workplace misconduct stories

Nov 11, 2026

Nvidia board prepares to oust CEO Jensen Huang amid spy affair scandal

Nvidia's board is working with an outside firm to identify CEO replacements after Jensen Huang admitted to affairs with a suspected Chinese spy and a senior Nvidia executive. Shares fell roughly 8-9% in after-hours trading, and Baird downgraded the stock while Morgan Stanley removed it from its Top Pick list.

Nov 11, 20267 sources

Top claims

▪Nvidia's share price has fallen about one-third from its October peak, representing a market value decline of more than $1.5 trillion
▪Nvidia's board has been working with an outside executive search firm to identify potential candidate replacements for Chief Executive Officer Jensen Huang
▪Jensen Huang co-founded Nvidia in 1993, owns roughly 3.6% of its stock, and maintains dozens of direct reports without an established succession plan

People involved

Donald Trump Jensen Huang

Subtopics

AI chips1 China-United States relations1 Chip export controls1 Corporate governance1 Investigations1 National security1 Suspected Chinese spy close to Jensen Huang1 U.S.–China relations1

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