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Updated:08:20 AM CET Nov,12

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 Nvidia is preparing to oust CEO Jensen Huang, WSJ reports - briefly
(hx) 12:19 AM CET - Nov,12 2026
Nvidia stock fell about 8% in after-hours trading on November 11 after the New York Times reported that CEO Jensen Huang had an extramarital relationship with Kimberly Powell, Nvidia’s vice president of healthcare.

The Times cited five anonymous company sources and said the pair were filmed being affectionate at a San Jose hotel during the March GTC conference. Nvidia, Huang, and Powell have not confirmed the claims.

This comes days after Huang admitted an affair with Alice Huang, a woman U.S. officials suspect is a Chinese intelligence asset. Nvidia’s board is already investigating that matter, and a Wall Street Journal report says the board is preparing to meet on Huang’s future.

Shares closed at $173.73 before dropping to roughly $159.45 after hours. The new allegations remain unverified by the company or the people involved.

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