#NvidiaCEOExitTalks
About NvidiaCEOExitTalks
The WSJ reports Nvidia’s board is discussing CEO Jensen Huang’s future, with no formal decision made. Reports also cite a ~50K-chip discrepancy between Megaspeed figures supplied to the US government and trade records; export compliance concerns remain unverified. Lawmakers have sought answers on information security. Shares closed up 2.87% at $173.73 on Nov 11, then fell over 9% after hours following the report. The board’s decision and business implications remain uncertain.
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The WSJ reported that Nvidia’s board was preparing to oust Huang and could meet as soon as Wednesday to decide his future. A source told Reuters the board was meeting that day on the question. This compounded the earlier probe into the Alice Huang matter. The Trump administration was reportedly aware of the board’s plans. No official announcement of a final decision had come out by early Thursday.
The NYT reported that Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of healthcare, who reports directly to him. Citing multiple people who worked at the company, it said the two (both married to others) were filmed being affectionate at a San Jose hotel during Nvidia’s GTC conference in March. Huang’s security team allegedly sequestered a bystander who recorded it and offered an NDA. When a Times reporter contacted him, Huang reportedly said “I don’t think you should be talking to me directly” and hung up. Nvidia’s code of conduct flags personal relationships that create conflicts. Neither Huang, Powell, nor the company confirmed the report at the time.
Nvidia shares had rebounded during regular trading Wednesday (roughly +3% after prior losses, helped by broader tech/AI sentiment including CoreWeave news). They then fell sharply in after-hours trading—about 8–9% at points, trading around the $159–160 range in some reports—as the NYT and WSJ stories hit. The cumulative hit for the week was substantial (hundreds of billions in market value).
$NVDA
🚨 Nvidia's board could decide Jensen Huang's future as soon as tonight
The WSJ reports the board is preparing to oust him. Nothing is confirmed and Nvidia hasn't commented
$NVDA is down about 9% after hours to a 52-week low, with earnings Nov 17
Can we fast forward to 2027?
$NVDA is bouncing about 5% off Tuesday's close and the tape is acting like the worst is over. Nothing is over.
Huang still has not answered three House chairmen about the Nov 18 briefing. His deadline is end of business today, and Moolenaar is already talking subpoena. Baird just cut the stock to Neutral and slashed the target to $200 from $500.
The bounce is a trade, not a verdict. The line is still $181.60. Get back over it and the sellers lose their grip. Stay under it into a subpoena headline and this bounce is just a better price to sell.
Live shot of Jensen Huang. $NVDA
