Stock exchange: Nvidia stock falls after reports of possible CEO change
The affair of Nvidia CEO Jensen Huang with a possible spy is weighing on the chip company. Its stock market value has already fallen significantly - according to media reports, it is now continuing to decline.
Nvidia shares plummeted up to 9% to $158, their lowest level since mid-2025, after reports emerged that the company's CEO Jensen Huang may be ousted. The Wall Street Journal and New York Times cited unnamed sources saying the board of directors may meet to decide Huang's future. Huang is a key figure in the AI boom and his potential departure could lead to a leadership crisis at Nvidia, one of the world's most valuable companies.
Huang recently confirmed having an affair with a woman suspected of being a Chinese spy and was also reported to have had another affair with a subordinate manager at Nvidia.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.