{
  "id": 19581810,
  "title": "Nvidia Board Reportedly Preparing to Oust Huang",
  "url": "https://urgent.news/2026/11/12/nvidia-board-reportedly-preparing-to-oust-huang",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T01:30:51.000Z",
  "source": {
    "name": "BusinessKorea",
    "slug": "businesskorea",
    "url": "https://www.businesskorea.co.kr/news/articleView.html?idxno=281098"
  },
  "original_language": "en",
  "account": "Jensen Huang, the 33-year CEO of Nvidia, the leading AI semiconductor firm, is facing the gravest leadership crisis in the company's history. Reports indicate the board is preparing to oust him due to allegations involving a woman with suspected Chinese intelligence ties and a relationship with a senior executive. The Wall Street Journal reported on November 11, citing sources familiar with the situation. Huang had previously acknowledged an extramarital affair and apologized to his wife in a November 8 letter, but additional allegations of a relationship with a subordinate have altered the situation. If removed, Huang, who co-founded Nvidia in 1993, would depart after 33 years at the helm, credited with transforming the company from gaming graphics chips to AI infrastructure. He owns about 3.6% of Nvidia. The latest allegations involve Huang's relationship with Kimberly Powell, vice president of the healthcare division, who he reportedly met at Nvidia's GTC conference in March. A witness allegedly saw them behaving affectionately and was asked to sign an NDA. Nvidia and Powell have not issued official statements. Separately, Huang is accused of having ties to China's Ministry of State Security through an executive at Megaspeed, a significant Nvidia customer. The FBI is also investigating. An independent investigation is underway by Joon Kim, a former U.S. attorney. This development comes amid previous concerns over potential Chinese intelligence ties and U.S. national security. Nvidia's shares dropped 8.1% in after-hours trading following the board's announcement, losing an estimated $340 billion in market value. The leadership vacuum if Huang leaves could raise questions about the company's future direction and growth strategy.",
  "summary": "Jensen Huang, the chief executive officer who has led Nvidia, the world’s largest AI semiconductor company, for 33 years, is facing the most serious leadership crisis in the company’s history. The company’s board is reportedly preparing to remove Huang following allegations involving a woman suspect",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "NVIDIA expected to oust Jensen Huang - report",
        "url": "https://urgent.news/2026/11/11/nvidia-expected-to-oust-jensen-huang-report",
        "published": "2026-11-11T22:40:04.000Z"
      },
      {
        "outlet": "Seeking Alpha News",
        "title": "Nvidia board prepares to remove Huang after latest allegations: report",
        "url": "https://urgent.news/2026/11/11/nvidia-board-prepares-to-remove-huang-after-latest-allegations-report",
        "published": "2026-11-11T22:42:31.000Z"
      },
      {
        "outlet": "Fortune",
        "title": "Report: Nvidia is preparing to oust CEO Jensen Huang after admission to affair with alleged Chinese spy",
        "url": "https://urgent.news/2026/11/11/report-nvidia-is-preparing-to-oust-ceo-jensen-huang-after-admission",
        "published": "2026-11-11T23:12:18.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Instant View: Nvidia is preparing to oust CEO Jensen Huang, WSJ reports",
        "url": "https://urgent.news/2026/11/11/instant-view-nvidia-is-preparing-to-oust-ceo-jensen-huang-wsj-reports-19571917",
        "published": "2026-11-11T23:19:04.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Nvidia tumbles as investors consider future without CEO Jensen Huang",
        "url": "https://urgent.news/2026/11/11/nvidia-tumbles-as-investors-consider-future-without-ceo-jensen-huang",
        "published": "2026-11-11T23:21:14.000Z"
      },
      {
        "outlet": "TechCrunch",
        "title": "Nvidia’s stock drops as board reportedly preps to oust CEO Jensen Huang",
        "url": "https://urgent.news/2026/11/11/nvidias-stock-drops-as-board-reportedly-preps-to-oust-ceo-jensen-huang",
        "published": "2026-11-11T23:28:45.000Z"
      },
      {
        "outlet": "RTHK News - Finance",
        "title": "Nvidia preparing to oust CEO Jensen Huang: WSJ",
        "url": "https://urgent.news/2026/11/11/nvidia-preparing-to-oust-ceo-jensen-huang-wsj",
        "published": "2026-11-11T23:53:21.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Nvidia preparing to oust CEO Jensen Huang",
        "url": "https://urgent.news/2026/11/12/nvidia-preparing-to-oust-ceo-jensen-huang",
        "published": "2026-11-12T00:41:59.000Z"
      },
      {
        "outlet": "The Vibes",
        "title": "Nvidia's US$1 trillion market rout exposes risks of dependence on Jensen Huang",
        "url": "https://urgent.news/2026/11/12/nvidias-us-1-trillion-market-rout-exposes-risks-of-dependence-on",
        "published": "2026-11-12T01:25:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}