nuNov 12, 2026, 07:20

Nvidia considers firing CEO Jensen Huang, shares tumble in after-hours trading

Nvidia CEO Jensen Huang faces potential dismissal following allegations of extramarital affairs and concerns over possible foreign espionage involvement. The news has caused the company's market valuation to drop by 600 billion dollars as investors react to the instability.

Nvidia CEO Jensen Huang is facing potential termination from the company he co-founded over three decades ago. The board of directors is currently investigating allegations of multiple extramarital affairs, including a relationship with a woman suspected of espionage on behalf of China. Officials are determining whether foreign intelligence agencies specifically targeted Huang during these encounters.

This leadership uncertainty has triggered a sharp decline in Nvidia's market performance. The technology giant, which serves as a critical supplier of artificial intelligence processors for major tech corporations, has seen its market valuation plummet by 600 billion dollars this week alone. Despite the intense speculation surrounding his future and the significant financial fallout, Nvidia has not yet issued a formal statement regarding the potential dismissal of its longtime leader.

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Based on reporting by nu. Translated and condensed by LocalHeadlines.

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