Nvidia Board Prepares to Oust CEO Jensen Huang, WSJ Reports
A Wall Street Journal exclusive published November 12 reported that Nvidia's board is preparing to remove founder and CEO Jensen Huang, sending shockwaves through the market: NVDA fell as much as 8%9% after hours. Nvidia has not confirmed the report, and other outlets such as Reuters have only cited WSJ.
Confirmed
- WSJ reporters Robbie Whelan, Lingling Wei, and Josh Dawsey jointly published the exclusive, saying the board is moving to oust Jensen Huang, with a meeting possible as early as that day.
- The trigger reportedly involves two extramarital affairs: one with the person Huang acknowledged in a November 8 internal email, and another with healthcare VP Kimberly Powell, who reported to him (per the New York Times); the woman in one of these affairs has been alleged to be a Chinese spy, a claim unverified by any court or the company.
- The company launched an independent investigation into the affairs and is also assessing potential national security risks; per a post by rocket, shares fell about 8% just three days after the probe began.
- Market reaction: Polymarket's NVDA perpetual dropped to 160.07 USD (about -5.42%); multiple posts said after-hours shares slid from about 158 USD to the 142160 USD range, down 6.8%9.12%.
Unconfirmed
- Neither Nvidia nor Huang has responded officially; whether the ouster will actually happen, and whether the board actually met, rest solely on the WSJ report.
- The "Chinese spy" allegation is only a secondhand account in the report, with no judicial or corporate verification.
Why it matters
- Huang founded Nvidia and built it into the world's most valuable company; his fate directly affects the global AI compute landscape. David Sacks argued that if Nvidia is taken over by a "managerial class" it will repeat Google's mistakes, XFreeze and others called the move foolish, Gary Marcus and kimmonismus weighed in from different angles, and "China won" narratives spread on social media.
- From the scoop to near-resolution took only a week; if true, this would be the most closely watched tech governance event of 2026.
2026-11-12 ~ 2026-11-12 · 34 related posts
- Episode 1: US Officials Suspect Honeyplot Targeting Jensen Huang Tied to Chip Smuggling(2026-11-07, 2 posts)
- Episode 2: Nvidia's Jensen Huang admits affair as board launches spy-linked independent probe(2026-11-09, 31 posts)
- Episode 3: Jensen Huang affair tied to $7B Nvidia chip sales to China; board launches probe(2026-11-09, 14 posts)
- Episode 4: Culper Shorts NVIDIA, Alleging China Exposure and Disclosure Issues(2026-11-09, 4 posts)
- Episode 5: Jensen Huang scandal divides Silicon Valley: three camps clash(2026-11-09, 9 posts)
- Episode 6: Nvidia Intervention Halted Commerce Dept Probe Into Chip Smuggling: NYT(2026-11-10, 2 posts)
- Episode 7: Jensen Huang Admits Affair, Nvidia Board Launches National Security Probe as Ousting Odds Soar(2026-11-11, 6 posts)
- Episode 8: Economist Editorial Demanding Jensen Huang's Resignation Draws Backlash(2026-11-12, 4 posts)
- Episode 9: NYT Cites Five Sources: Nvidia CEO Jensen Huang in Second Alleged Affair with Subordinate Executive, Shares Fall(2026-11-12, 14 posts)
- Episode 10: Nvidia Board Prepares to Oust CEO Jensen Huang, WSJ Reports(2026-11-12, 34 posts)
Primary sources
- WSJ: NVIDIA board preparing to oust CEO Jensen Huang — zephyr_z9 · 2026-11-12
- Nvidia reportedly preparing to oust CEO Jensen Huang (WSJ) — fallingdowndizzyvr · 2026-11-12
- Report Screenshot Claims Nvidia Prepares to Oust CEO Jensen Huang Amid Spy-Affair Probe — signulll · 2026-11-12
- WSJ: Nvidia prepares to oust CEO Jensen Huang amid spy-affair investigation — kimmonismus · 2026-11-12
- WSJ: Nvidia's board is preparing to oust CEO Jensen Huang — Polymarket · 2026-11-12
- WSJ Report Claims Nvidia Preparing to Fire CEO Jensen Huang — ChrisUniverse · 2026-11-12
- WSJ report sparks AI-circle frenzy over Jensen Huang's fate at Nvidia — kimmonismus · 2026-11-12
- WSJ: Nvidia Board Prepares to Oust CEO Jensen Huang Over Affair and Spy Allegations — Hesamation · 2026-11-12
- Nvidia board reportedly preparing to oust Jensen Huang; NVDA sinks 6.8% after hours — testingcatalog · 2026-11-12
- "It's over for Jensen Huang": KOL confirms firing reason via WSJ — kimmonismus · 2026-11-12
- Casey Newton amplifies WSJ report that Nvidia board plans to oust Jensen Huang — austinc3301 · 2026-11-12
- NVDA falls as Huang ouster drama unfolds; pundit says firing is '100%' today — ShakeelHashim · 2026-11-12
- WSJ reports Nvidia board preparing to oust CEO Jensen Huang — XFreeze · 2026-11-12
- WSJ report claims NVIDIA is preparing to oust CEO Jensen Huang — Efficient-Opinion-92 · 2026-11-12
- WSJ: Nvidia board prepares to oust CEO Jensen Huang over affair allegations — beffjezos · 2026-11-12
- WSJ reports Nvidia is preparing to oust CEO Jensen Huang — Afinetheorem · 2026-11-12
- Nvidia perps plunge 5.4% on report board prepares to oust CEO Jensen Huang — Polymarket · 2026-11-12
- NVIDIA plunges 9% after hours on report board may fire Jensen Huang — djcows · 2026-11-12
- Nvidia Falls 8% After Hours on WSJ Report It May Oust CEO Jensen Huang — oran_ge · 2026-11-12
- WSJ reports Nvidia is preparing to oust CEO Jensen Huang — AIFlow_ML · 2026-11-12
- As NVIDIA scandal swirls, Grok notes Huang is an at-will employee with no golden parachute — alexcovo_eth · 2026-11-12
- AMD surges 11% on unverified report Nvidia board prepares to oust CEO Jensen Huang — Polymarket · 2026-11-12
- Nvidia reportedly moves to oust Jensen Huang; AMD perps surge 10.15% on Polymarket — Polymarket · 2026-11-12
- AMD perps jump ~10% on reports Nvidia may oust Jensen Huang — Polymarket · 2026-11-12
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