# Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang

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24 outlets covering · First listed: TechCrunch, Nov 11, 2026, 5:28 PM · Read it: <https://techcrunch.com/2026/11/11/nvidias-stock-drops-as-board-reportedly-preps-to-oust-ceo-jensen-huang/>

As soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.

AI summary (may contain mistakes): Nvidia's board is reportedly preparing to remove CEO Jensen Huang after reports he had two extramarital affairs, including one with a woman U.S. intelligence says was spying for China, according to multiple reports. Nvidia is investigating whether Huang was targeted by a Chinese spy with whom he had an affair, the AP reported. Nvidia shares fell and its perpetual futures dropped 7% as traders reacted, according to Forbes and CoinDesk.

## Who's covering it

In the order they published:

- Nov 10, 2026, 5:42 PM: [NVIDIA shareholders are suing the company and CEO Jensen Huang](<https://www.engadget.com/2312947/nvidia-shareholders-are-suing-the-company-and-ceo-jensen-huang/>) — Engadget (Digital news, United States)
  The company's shares have plummeted in response to the exec's affair with an alleged Chinese spy.
- Nov 11, 2026, 2:21 AM: [Stock Market News, November 11, 2026: Nvidia Stock Slides as Board Considers Ousting CEO](<https://www.wsj.com/livecoverage/stock-market-today-dow-sp-500-nasdaq-11-11-2026?mod=rss_markets_main>) — Wall Street Journal (Newspaper, United States)
  Tech giant's shares drop 8% afterhours with Huang's future in doubt
- Nov 11, 2026, 3:52 PM: [Republican Senator Calls on Nvidia CEO Jensen Huang to Resign](<https://gizmodo.com/republican-senator-calls-on-nvidia-ceo-jensen-huang-to-resign-2000838502>) — Gizmodo (Digital news, United States)
  The clock is ticking as members of the House Select Committee on China say they could subpoena Huang.
- Nov 11, 2026, 4:31 PM: [Nvidia is preparing to oust Jensen Huang](<https://www.wsj.com/business/nvidia-is-preparing-to-oust-nvidia-ceo-jensen-huang-30f421ad>) — Hacker News (Aggregator, United States)
- Nov 11, 2026, 4:44 PM: [Nvidia is reportedly preparing to fire Jensen Huang](<https://www.theverge.com/tech/1031652/jensen-huang-rumor>) — The Verge (Digital news, United States)
  Nvidia's board is preparing to dismiss CEO Jensen Huang following a report from the New York Times about a second alleged extramarital affair, just days after he admitted to a separate affair with a woman alleged to be a Chinese spy, The Wall Street Journal reports. The second alleged affair was with an executive who
- Nov 11, 2026, 4:44 PM: [Nvidia preparing to oust CEO Jensen Huang after affairs: WSJ](<https://cointelegraph.com/news/nvidia-preparing-to-oust-ceo-jensen-huang-reports>) — Cointelegraph (Specialist)
  The report about Huang’s possible departure came after the New York Times reported that he had a second extramarital affair.
- Nov 11, 2026, 4:47 PM: [Nvidia’s stock drops as the board reportedly prepares to remove CEO Jensen Huang](<https://www.marketwatch.com/story/nvidias-stock-drops-as-the-board-reportedly-prepares-to-remove-ceo-jensen-huang-9edee58d?mod=mw_rss_topstories>) — MarketWatch (Business & finance, United States)
  Nvidia’s board of directors reportedly met late Wednesday to determine the CEO’s fate.
- Nov 11, 2026, 5:06 PM: [Nvidia stock drops as board reportedly weighs Jensen Huang’s future](<https://news.google.com/rss/articles/CBMidEFVX3lxTFBoRUJ2MTBDV1lNNy1ETnc3cXEzM1dsMmJ4OEVfT2l2bDl1NnZMd1JWV00wX2VpUE9PdU00LV9xU0V3WXdIbnRNSVFyUUJtQ3BFckZRY05ObExzbjJyZlFWUUpveUJ3dXNyQ1lNQ2UyeGtMaURf?oc=5>) — CNN (TV network, United States)
- Nov 11, 2026, 5:10 PM: [CEO Jensen Huang's job is suddenly on the line at Nvidia](<https://arstechnica.com/gadgets/2026/11/ceo-jensen-huangs-job-is-suddenly-on-the-line-at-nvidia/>) — Ars Technica (Digital news, United States)
  The FBI is investigating as Nvidia’s board holds urgent talks over Huang’s future.
- Nov 11, 2026, 5:12 PM: [Report: Nvidia preparing to oust CEO Jensen Huang after affair with woman U.S. officials deemed a Chinese spy](<https://fortune.com/2026/11/11/nvidia-oust-jensen-huang-spy-affairs/>) — Fortune (Magazine, United States)
  Huang has been under intense pressure following his confession to infidelity.
- Nov 11, 2026, 5:28 PM: [Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang](<https://techcrunch.com/2026/11/11/nvidias-stock-drops-as-board-reportedly-preps-to-oust-ceo-jensen-huang/>) — TechCrunch (Digital news, United States)
  As soon as Wednesday evening, Nvidia's board could decide to remove its founder and CEO of 33 years.
- Nov 11, 2026, 5:29 PM: [Nvidia's board preparing to oust CEO Jensen Huang, sources say](<https://www.cbsnews.com/news/nvidia-board-ceo-jensen-huang-china/>) — CBS News (TV network, United States)
  Nvidia's board of directors is preparing to oust CEO Jensen Huang soon, according to two sources, amid allegations Huang had an affair with a woman U.S. intelligence agencies believe was a Chinese asset.
- Nov 11, 2026, 5:31 PM: [Nvidia Board to Discuss Huang's Future, FT Reports](<https://thedefiant.io/frontier/ai/nvidia-board-to-discuss-huang-s-future-ft-reports>) — The Defiant (Specialist)
  The reported leadership talks follow the board's public backing of Huang on Nov. 8. Trump said Nov. 9 that the FBI was looking into the situation, separately from the company's review.
- Nov 11, 2026, 5:48 PM: [Nvidia stock tanks after report of second Jensen Huang affair](<https://thehill.com/business/6214833-nvidia-ceo-jesen-huang-affair/>) — The Hill (Newspaper, United States)
  Shares of Nvidia tanked early Wednesday evening, after The New York Times reported that the tech firm’s CEO Jensen Huang had a second affair. The company’s stock was down roughly 8.3 percent during after-hours trading, dipping below $160 per share. Nvidia shares had not fallen below that threshold since June 2025. Nvidia shares were trading at…
- Nov 11, 2026, 7:02 PM: [Cramer's stance on Nvidia's stock amid reports that CEO Jensen Huang may be ousted](<https://www.cnbc.com/investingclub/2026/11/11/jim-cramer-jensen-huang-nvidia-stock-advice.html>) — CNBC (Business & finance, United States)
  Jim Cramer said Wednesday night that he was saddened by a news report that indicated Nvidia's board of directors is preparing to fire Huang.
- Nov 11, 2026, 7:14 PM: [Report says US administration stayed out of Nvidia board’s Jensen Huang decision](<https://cryptobriefing.com/nvidia-board-jensen-huang-investigation-administration/>) — Crypto Briefing (Specialist)
  The independent investigation into Nvidia's CEO highlights the delicate balance between corporate governance and national security concerns.
- Nov 11, 2026, 7:23 PM: [Nvidia board preparing to remove CEO Jensen Huang: Report](<https://www.washingtonexaminer.com/policy/technology/4800920/nvidia-board-oust-ceo-jensen-huang/>) — Washington Examiner (Magazine, United States)
  Nvidia is preparing to oust CEO Jensen Huang after he confessed to having an affair with a suspected spy for China, according to multiple reports. Earlier this month, Huang apologized to his company, wife, and family for having an affair with Alice Huang. Nvidia is investigating the saga, as U.S. officials reportedly believe Alice Huang
- Nov 11, 2026, 7:30 PM: [What smart people in business and tech are saying about the Nvidia board potentially ousting Jensen Huang](<https://www.businessinsider.com/smart-people-react-nvidia-board-removing-ceo-jensen-huang-2026-11>) — Business Insider (Digital news, United States)
  Nvidia's stock dropped on a report that the board is weighing removing CEO Jensen Huang. Here's what smart people are saying.
- Nov 11, 2026, 8:24 PM: [Nvidia board reportedly preparing to oust CEO Jensen Huang after alleged affairs](<https://abcnews.com/US/nvidia-board-reportedly-preparing-oust-ceo-jensen-huang/story?id=138062059>) — ABC News (TV network, United States)
  The Nvidia board is reportedly planning to oust CEO Jensen Huang amid reports he engaged in two extramarital affairs.
- Nov 11, 2026, 8:44 PM: [Nvidia CEO Jensen Huang may be ousted after second affair revealed, reports claim](<https://mashable.com/tech/nvidia-ceo-affair-second-jensen-huang-ousted-powell>) — Mashable (Digital news, United States)
  Nvidia CEO Jensen Huang reportedly had an affair with a second woman, with the board considering ousting him from his position.
- Nov 11, 2026, 9:55 PM: [What to Know About Nvidia’s Investigation of CEO Jensen Huang](<https://www.nytimes.com/article/nvidia-investigation-jensen-huang.html>) — New York Times (Newspaper, United States)
  Nvidia’s board is weighing the future of Jensen Huang, the company’s chief executive, admitted to an affair with a woman who U.S. intelligence says was spying for China.
- Nov 11, 2026, 10:03 PM: [Nvidia perps crash 7% as CEO Jensen Huang reportedly faces the axe](<https://www.coindesk.com/markets/2026/11/12/bitcoin-listless-nvidia-perps-crash-7-as-ceo-jensen-huang-reportedly-faces-the-axe>) — CoinDesk (Specialist, United States)
  Nvidia perps are down 7% on Hyperliquid as traders react to reports that CEO Jensen Huang may be removed. Bitcoin continues to trade in a familiar price range.
- Nov 11, 2026, 11:18 PM: [Nvidia Shares Plunge As Board Reportedly Prepares To Oust CEO Jensen Huang](<https://www.forbes.com/sites/siladityaray/2026/11/12/nvidia-shares-plunge-as-board-reportedly-prepares-to-oust-ceo-jensen-huang/>) — Forbes (Magazine, United States)
  The AI chipmaker’s board reportedly met on Wednesday to discuss removing the company’s co-founder and CEO following revelations about two extramarital affairs, including one involving an alleged Chinese spy.
- Nov 11, 2026, 11:25 PM: [AMD shares rose 4%+ after hours after closing up 7.3%, while Broadcom gained 2.4% after hours following a 4% gain, as Nvidia's board weighs ousting CEO Huang (Financial Times)](<https://www.techmeme.com/261112/p1>) — Techmeme (Aggregator, United States)
