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title: NVIDIA Reportedly Weighs Ousting CEO Jensen Huang
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# NVIDIA Reportedly Weighs Ousting CEO Jensen Huang

**[80 LEVEL](https://daily.dev/sources/80lv)** · 2 min read · 2 upvotes · 0 comments

## Summary

NVIDIA's board is reportedly preparing to remove co-founder and CEO Jensen Huang, according to The Wall Street Journal, which cited people familiar with the matter. The board was expected to meet as soon as Wednesday. The New York Times reported Huang had a relationship with Kimberly Powell, NVIDIA's vice president of health care, who reports to him, citing five people who worked at the company. Earlier reports say Huang was in a close relationship with Alice Huang, whom US officials allegedly concluded to be a Chinese intelligence asset, which the Chinese government has denied. NVIDIA's stock dropped about 8% in after-hours trading, with the most recent completed trading day ending down 5.93%.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://80.lv/articles/nvidia-reportedly-weighs-ousting-ceo-jensen-huang>

## Questions this post answers

### Why is NVIDIA's board reportedly considering removing Jensen Huang as CEO?

The Wall Street Journal reported NVIDIA's board is preparing to oust Jensen Huang following claims of two extramarital relationships, one with an alleged Chinese intelligence asset and another with Kimberly Powell, NVIDIA's vice president of health care, who reports directly to him. The board was expected to meet as soon as Wednesday to discuss the matter.

_investors tracking leadership risk at major chipmakers can follow developments like this on daily.dev._

### How much did NVIDIA's stock drop after the Jensen Huang reports?

NVIDIA's share price dropped about 8% in after-hours trading following the reports. The most recent completed trading day, including both regular-session and after-hours trading, ended with NVDA down 5.93%.

_developers and investors watching NVIDIA's market moves can keep tabs on this story via daily.dev._

---

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[View this post on daily.dev](https://daily.dev/posts/nvidia-reportedly-weighs-ousting-ceo-jensen-huang-14kjm9mip)

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