Nvidia’s board is meeting to decide whether to remove co-founder and CEO Jensen Huang, Reuters reports, citing a source familiar with the matter. The company faces questions about his conduct and a reported foreign intelligence effort.
The Wall Street Journal reported that the board was preparing to oust Huang. Nvidia has not announced that he has been fired or named a replacement.
Here is what has happened so far, and what is still unconfirmed.
How did the controversy begin?
The issue grew out of scrutiny of Megaspeed, a company linked to business executive Alice Huang. She and Jensen Huang are not related. According to TechCrunch’s timeline, the two were reportedly seen socializing in Taiwan in 2024. In October 2025, the US and Singapore investigated Megaspeed over suspected chip diversion to China.
On Oct. 29, 2026, The New York Times reported that the two executives had a close relationship and that US officials had intelligence concerns about Alice Huang. A Nvidia spokesperson said the interactions were “not unusual or unexpected.”
Those intelligence concerns are allegations reported by news organizations. They do not establish that company secrets were passed to another government or that any chip shipment was illegal.
Huang acknowledges infidelity as Nvidia opens an investigation
On Nov. 5, three House committee chairmen asked Huang for a closed-door briefing. On Nov. 8, Huang sent a message to Nvidia employees apologizing for being unfaithful to his wife. He did not name anyone in that message.
He also said he supported an independent investigation and would cooperate fully. The same day, the board announced the inquiry after reports that Huang had been the target of a foreign intelligence effort.
The board said it had no reason to believe national security or Nvidia’s secrets had been compromised. It also said it had confidence in Huang and his leadership team.
On Nov. 10, Nvidia said its independent directors had retained former acting US Attorney Joon H. Kim and the law firm Wachtell, Lipton, Rosen & Katz to lead the investigation. The company has not announced any findings.
Reports of another relationship and a possible ouster
On Nov. 11 in the US, The New York Times reported, citing five people who worked at Nvidia, that Huang also had a relationship with an Nvidia executive who reports to him. TechCrunch said Nvidia and Huang had not confirmed the account. TechPipino is not naming the executive because the report is unconfirmed.
Later, The Wall Street Journal reported that the board was preparing to remove Huang. Reuters separately reported that the board was meeting to decide. Reuters also noted that Nvidia’s bylaws allow directors to remove a CEO by majority vote.
These reports rely on people familiar with private deliberations. Nvidia had not announced a decision at the time of writing.
How did the market react?
Reuters reported that Nvidia shares fell more than 8% in extended trading after the Wall Street Journal report. Share moves can reverse quickly, so treat them as a snapshot, not a verdict.
Has Jensen Huang been fired?
There is no confirmed announcement that Huang has been fired. The reports describe a possible removal and a board meeting, not a published decision.
The situation could change quickly. Nvidia’s next official statement will show whether Huang remains CEO and whether a successor has been chosen.
Why it matters
Huang co-founded Nvidia in 1993. He has led it from a graphics chipmaker into a major supplier of processors for AI. A leadership change would be big industry news.
For gamers and PC buyers, there is no evidence yet that this story will change GPU prices or availability. Our earlier report on RTX 5090 supply shows those depend on stock and demand. For more, see our tech news hub.
The open questions are the board’s decision and what the independent investigation finds. Until then, treat the intelligence allegations as allegations.
Frequently asked questions
Has Nvidia confirmed Jensen Huang’s removal?
No. At the time of writing, Nvidia had not announced a removal or named a successor. Reuters, citing a source, reported that the board was meeting to decide his future.
What has Jensen Huang admitted?
In his Nov. 8 message to employees, Huang said he had been unfaithful to his wife and apologized. He did not name anyone in that message.
Has Nvidia confirmed that company secrets were leaked?
No. On Nov. 8, the board said it had no reason to believe national security or Nvidia secrets had been compromised. Its independent investigation is ongoing.
