Nvidia CEO news LIVE updates: Nvidia shares fall as much as 10% as board mulls Jensen Huang’s ouster in key meet today
Nov 12, 2026, 10:04:01 IST
Nvidia CEO news live updates: Nvidia’s board has been working with an outside firm as it mulls replacing Jensen Huang as the CEO
Nvidia CEO news LIVE updates: Nvidia’s board has been working with an outside firm as it mulls removing Jensen Huang as the chief executive officer, claims a WSJ report. This meeting comes after Jensen Huang’s admission of having an extramarital affair with an alleged Chinese businesswoman, Alice Huang, a row has erupted, with the United States launching a ‘national security’ probe into the matter.
US officials have stated that they have reason to believe Alice Huang, also known as Huang Le, is a Chinese intelligence asset. Jensen Huang has not named Huang Le while admitting to his affair.
Concerns were also raised after it was found that Alice Huang was a managing director at Megaspeed, which is a Singapore-based firm and Nvidia’s main cloud partner for the Asia-Pacific region.
US officials have alleged that through Jensen Huang, Alice Huang may have helped China secure Nvidia’s AI chips, which Beijing has been prohibited from acquiring.
Amid this row, a New York Times report has claimed that Jensen Huang had a second affair with Nvidia vice president Kimberly Powell, who directly reports to him.
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US officials have stated that they have reason to believe Alice Huang, also known as Huang Le, is a Chinese intelligence asset. Jensen Huang has not named Huang Le while admitting to his affair.
Concerns were also raised after it was found that Alice Huang was a managing director at Megaspeed, which is a Singapore-based firm and Nvidia’s main cloud partner for the Asia-Pacific region.
US officials have alleged that through Jensen Huang, Alice Huang may have helped China secure Nvidia’s AI chips, which Beijing has been prohibited from acquiring.
Amid this row, a New York Times report has claimed that Jensen Huang had a second affair with Nvidia vice president Kimberly Powell, who directly reports to him.
Follow all the updates here:
Nov 12, 2026, 10:04:01 IST
Nvidia CEO news LIVE: Alice Huang entered Taiwan eight times in 2024 and 2025, says govt official
Nvidia CEO news LIVE: Alice Huang, the woman accused of spying for Beijing during an affair with Nvidia founder Jensen Huang visited Taiwan a total of eight times in 2024 and 2025, a Taiwanese government minister said Thursday.
Alice Huang, who is also known as Huang Le, used a Hong Kong passport to enter Taiwan “under a standard business visitor status” and there were “no special flags” about her at the time, Mainland Affairs Council (MAC) Minister Chiu Chui-cheng told lawmakers.
Chiu made the remarks in Taiwan’s parliament in response to lawmakers’ questions about Alice Huang’s entries into Taiwan and a New York Times report that the United States had advised Taiwan as early as 2024 to monitor her movements.
Nov 12, 2026, 09:42:57 IST
Nvidia CEO news LIVE: Who could replace Jensen Huang as Nvidia CEO?
Nvidia CEO news LIVE: Chip giant Nvidia’s board was reportedly meeting Wednesday to discuss the future of co-founder and CEO Jensen Huang after he dated an accused Chinese spy, according to US media.
With Huang unexpectedly on the backfoot, and no known plan of succession at Nvidia, the field is wide open for a variety of replacements to lead one of the key AI players should the board decide to oust Huang.
Some of the options are –
Internal hire – Nvidia could opt for an in-house pick such as Chief Financial Officer Colette Kress and Ian Buck, who oversees the company’s data center clients.
Huang’s children – Huang could also try and position a member of his own family as his replacement. His daughter Madison Huang is currently the senior director of product marketing at Nvidia and is among the names most suggested by analysts. Jensen Huang’s son Spencer Huang could also be a potential successor. He currently works at Nvidia as the director of product management in the company’s robotics division.
Tech CEO swap – Huang’s cousin Lisa Su, who would bring valuable expertise to the table as the longtime CEO of semiconductor giant AMD might also be an option, along with Rene Haas, CEO of UK chip design firm Arm. Speculation is also being made regarding former Apple CEO Tim Cook.
Nov 12, 2026, 09:22:49 IST
Nvidia CEO news LIVE: Nvidia shares tumble amid scrutiny over CEO Jensen Huang
Nvidia CEO news LIVE: Nvidia Corp. shares sank in extended trading Wednesday as investors grappled with the possibility of the company without Chief Executive Officer Jensen Huang at the helm.
The stock fell as much as 10% in postmarket trading in New York. Shares began to drop following a New York Times report that the CEO had a relationship with one of his direct reports.
Losses extended after the Wall Street Journal said Nvidia’s board is preparing to oust him. Huang admitted over the weekend that he had a separate affair with an alleged Chinese spy.
Nov 12, 2026, 09:13:16 IST
Nvidia CEO news LIVE: US Democratic senators urge Trump admin to preserve Nvidia export records amid China security concerns
Nvidia CEO news LIVE: Senior US Democratic Senators Elizabeth Warren and Chris Coons asked the Trump administration to preserve all documents tied to Nvidia’s chip exports to China, amid growing scrutiny over CEO Jensen Huang’s relationship with a suspected Chinese intelligence operative.
Nvidia’s board is meeting late on Wednesday to decide whether to oust Huang, a person familiar with the matter said, after media reports alleged he had a close relationship with a Chinese businesswoman who passed information to Beijing.
“This incident raises significant concerns about the federal government’s ability to effectively enforce our export controls and protect our national security,” the senators said in the letter sent to Commerce Secretary Howard Lutnick, Secretary of State Marco Rubio and White House chief of staff Stephen Miller.
Nov 12, 2026, 08:42:02 IST
Nvidia CEO news LIVE updates: White House to not intervene in Nvidia’s board decision on Huang
Nvidia CEO news LIVE updates: The White House will not intervene in Nvidia board’s decision on Jensen Huang, the Washington Post reported.
Nov 12, 2026, 08:35:46 IST
Nvidia CEO news LIVE updates: Nvidia board working with outside firm to identify CEO Jensen Huang’s replacement
Nvidia CEO news LIVE updates: Amid reports that Nvidia CEO Jensen Huang has had multiple extramarital affairs, including one with an alleged Chinese spy, the tech giant’s board has been working with an outside firm to identify potential successors as it prepares to meet as early as Wednesday (local time) to decide Huang’s future at the company.
The board is considering naming a temporary chief while searching for a permanent one, a person familiar with the situation said, asking not to be identified because the information isn’t public, Bloomberg reported.
Nov 12, 2026, 08:23:29 IST
Nvidia CEO news LIVE updates: Who is Kimberely Powell?
Nvidia CEO news LIVE updates: Nvidia CEO Jensen Huang reportedly had another extramarital relationship with a company executive who reports to him. The individual was identified as Kimberly Powell, Nvidia’s vice president of health care, according to a New York Times report.
Powell has been a hardware engineer at DOME imaging systems from January 1999 to April 2003, as per her LinkedIn profile. She went on to join Planar Systems, Inc. Medical Business Unit, where she worked for a little over five years.
Then, Powell joined Nvidia. There, she’s held positions of Director, WW Business Development, Higher Education & Healthcare and Sr Director, Artificial Intelligence Business Development, before becoming Vice President / General Manager, Healthcare at Nvidia.
Nov 12, 2026, 08:13:33 IST
Nvidia CEO news LIVE updates: Alice Huang back in China, claim reports
Nvidia CEO news LIVE updates: The suspected Chinese spy at the heart of a scandal that threatens to take down Nvidia Corp. Chief Executive Officer Jensen Huang has returned to her home country, people familiar with the matter told Bloomberg.
Megaspeed International founder Alice Huang is currently living in Beijing with the knowledge of security officials, one of the people said, asking to remain anonymous to discuss a sensitive situation. It wasn’t immediately clear when or why she traveled to the capital, nor what she may be engaged in, the people said.
Alice Huang’s whereabouts have been the topic of intense speculation since Nvidia’s founder admitted to an extra-marital affair and the company’s board began an investigation into allegations she’s a Chinese spy.
Nov 12, 2026, 07:47:48 IST
Nvidia CEO news LIVE updates: Jensen Huang had a second affair with Nvidia executive who reports to him, claims report
Nvidia CEO news LIVE updates: Nvidia CEO Jensen Huang is facing fresh scrutiny over his personal relationships, with a New York Times report alleging that he also had an extramarital relationship with Kimberly Powell, the company’s vice president of healthcare, who reports directly to him.
Huang, 63, and Powell, 48, were reportedly seen behaving affectionately at a hotel in San Jose during an Nvidia conference in March. Both are married to other people.
The latest allegation comes as Huang faces questions over his reported relationship with Alice Huang, a Chinese businesswoman whom US intelligence agencies have assessed to be linked to Chinese intelligence.
Nov 12, 2026, 07:04:28 IST
Nvidia CEO news LIVE updates: Board likely to meet today, mulls removing Jensen Huang
Nvidia CEO news LIVE updates: Nvidia’s board is preparing to remove CEO Jensen Huang following reports about his personal relationships, including an alleged affair with a suspected Chinese spy, according to The Wall Street Journal (WSJ).
According to the report, the board was preparing to meet as soon as Wednesday to decide Huang’s future at the company. The reported move comes as Nvidia faces growing questions about its leadership and an investigation into whether Huang was targeted by a foreign intelligence operation.