Report: Nvidia Board Preparing to Oust Jensen Huang, Stock Falls 8% After Hours
r0ck3t23 · x · 2026-11-12
- Per WSJ and NYT reports, Nvidia's board is preparing to remove CEO Jensen Huang; the company has confirmed nothing, and Reuters attributed the ouster claim entirely to the WSJ. The stock fell about 8% after hours.
- The affair timeline: Huang admitted in a Nov 8 staff email that he had been unfaithful and pledged to cooperate with the board's investigation; the woman involved is suspected by US intelligence of ties to China's Ministry of State Security. Days later, NYT published a second affair story sourced to five unnamed colleagues and a video the Times admits it has never seen.
- The board said Sunday it had confidence in Huang while opening an investigation, hired Wachtell Lipton by Tuesday, and the ouster reports landed Wednesday night. The author argues that going from investigation to ousting the founder of the world's most valuable company in three days reflects external pressure, timed amid a flood of upcoming AI bills and the Nasdaq's worst session in 19 months.
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