Nvidia CEO Scandal: Alleged affair, falling shares and possible boardroom shake-up

Nvidia CEO Jensen Huang is reportedly facing an uncertain future at the company following allegations of a second extramarital affair, raising questions about his leadership and the possibility of a boardroom shake-up.

The controversy has placed the head of one of the world's most valuable technology companies under scrutiny, with reports suggesting that Nvidia's board is considering his position.

According to Sky News, citing The Wall Street Journal and The New York Times, Huang allegedly had a relationship with an executive who reports directly to him.

The reports have emerged amid a sharp decline in Nvidia's share price, with the company's market value reportedly losing hundreds of billions of dollars in recent trading sessions.

But what are the allegations, why could they threaten Huang's position, and what would his possible departure mean for Nvidia?

Here is what GhanaWeb Business has picked up so far.

What is the latest scandal involving Jensen Huang?

Huang is reportedly facing allegations of a second extramarital affair, with US media reports claiming he had a relationship with an executive under his direct supervision.

The claims follow an earlier controversy in which Huang admitted to having an affair with a woman alleged to have been a Chinese spy.

That episode raised concerns about whether the Nvidia CEO had been targeted in a foreign intelligence operation. Nvidia has reportedly launched an investigation into the claims, while US President Donald Trump has said the FBI is looking into the matter.

Why could the allegations put his job at risk?

The latest reports have drawn attention to potential conflicts of interest arising from relationships between senior executives and employees who report directly to them.

Many companies have policies governing such relationships to prevent favouritism, abuse of authority and other workplace complications.

Nvidia's code of conduct reportedly requires employees to avoid situations that could create conflicts of interest, including those involving personal relationships.

The allegations have therefore raised questions about whether Huang's reported conduct could affect his position as CEO. However, they do not establish that he has breached company rules.

Is Nvidia's board considering removing Huang?

According to Sky News, Nvidia's board is reportedly scheduled to meet on Thursday, November 12, 2026, to discuss Huang's future.

The reported meeting has fuelled speculation about a possible leadership change. However, there has been no confirmed announcement that the board intends to remove him or that he has resigned.

Any such move would mark a significant development for Nvidia, given Huang's central role in transforming the company into a global leader in AI chips and advanced computing.

Has the controversy wiped $600 billion off Nvidia's value?

Nvidia's shares have reportedly come under pressure amid the controversy and wider market concerns.

Sky News reported that the company's stock fell by more than 8% in extended trading after Wednesday's market close, reaching approximately US$160 per share.

The report estimated that Nvidia lost about US$430 billion in market value over two days, with the broader three-day decline reaching approximately US$600 billion.

While the sell-off has added to concerns about investor confidence, the reported losses cannot be attributed solely to the allegations, as other market factors may also have contributed.

Who is Jensen Huang and how did he build Nvidia?

Huang is the co-founder and CEO of Nvidia, which has grown from a graphics-chip manufacturer into one of the world's most influential technology companies.

Under his leadership, the company expanded into advanced computing, developing processors that power AI systems and data centres.

Nvidia's technology has become central to the global AI industry, helping drive its rapid growth and rise among the world's most valuable companies.

Huang is consequently regarded as one of the most influential figures in the technology sector.

What happens to Nvidia if Huang leaves?

Huang's departure could create uncertainty over the company's leadership and strategic direction.

According to Sky News, Nvidia does not have a succession plan in place, potentially complicating an unexpected leadership transition.

Granite Wealth Management director Bruce Zaro has questioned whether another executive could step in and maintain the company's momentum if Huang resigns or is forced out.

A change at the top could therefore raise questions about corporate governance and investor confidence, particularly as Nvidia continues to play a major role in the fast-growing AI industry.

What happens next?

Attention is now on Nvidia's board and the outcome of its reported meeting on Thursday, November 12, 2026.

As of the filing of this report, the allegations remain media reports, with no official confirmation that Huang has been removed as CEO.

The board's position, the outcome of the reported investigations and any official response from Nvidia will however determine the next steps in the company's leadership.

MA

With additional files from Sky News, The New York Times and The Wall Street Journal