The board of chipmaker Nvidia met late on Wednesday to decide on a possible removal of CEO Jensen Huang. Following reports of two extramarital relationships, the company's leadership is now in question. No decision is known so far.
According to the reports, one of the relationships reportedly involved an alleged Chinese spy. The reports triggered a sell-off on the financial markets, the extent of which cannot currently be quantified. The size of the share price losses is not stated in the available information. The espionage allegation has not been confirmed so far.
According to a report by the New York Times, the board is investigating Huang's affair with the alleged spy. The investigation became known on November 9, 2026. According to the report, Huang has a firm grip on the company, which makes it difficult for the board to act against him. Whether Huang will actually be removed remains open.
For investors and employees in the semiconductor industry, this raises the question of the future leadership of one of the most important companies in the chip industry. Nvidia is considered a central supplier of specialized processors used for artificial intelligence and data centers. How the situation develops will be shown by the board's decisions.