Nvidia board weighs ousting CEO Jensen Huang after scandal, shares plunge

The board’s deliberations come after the New York Times reported that Huang had been “unfaithful” to his wife and apologized to his family. Nvidia had already launched an internal investigation into the alleged affair with the spy, and the FBI has opened its own inquiry. The company’s president of healthcare, Kimberly Powell, was captured on video at a hotel during a March conference, further fueling the controversy.

Despite the turmoil, Nvidia remains a linchpin of the AI industry, with its GPUs powering everything from data‑center workloads to consumer devices. The board’s decision will determine whether the company can maintain continuity at the helm of the world’s most valuable chipmaker.

As of late Wednesday evening, Nvidia had not issued a statement on the board’s outcome, and calls to company representatives and board members have gone unanswered. Investors and analysts are watching closely for any sign of a leadership change that could reshape the company’s future.