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Nvidia preparing to replace CEO Jensen Huang

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Nvidia preparing to replace CEO Jensen Huang

Nvidia is preparing to remove CEO Jensen Huang as the artificial intelligence giant faces questions about his leadership following reports of extramarital relationships, according to The Wall Street Journal.

Axar.az reports, citing FOX Business, that the report comes as The New York Times reported Wednesday that Huang had an extramarital relationship with Kimberly Powell, Nvidia's vice president of healthcare, who reports directly to him.

The latest allegations follow Huang's admission Sunday that he had been unfaithful to his wife in a separate relationship involving a woman described as an alleged Chinese spy.

Huang acknowledged falling short of his responsibilities to Nvidia and pledged to cooperate with an independent investigation launched by the company's board of directors.

The board said it had no reason to believe national security or company secrets were compromised but would examine all available information.

The controversy has also weighed on Nvidia's standing with Wall Street analysts. Baird recently downgraded the chipmaker's stock to neutral, citing uncertainty surrounding Huang's tenure, potential softness in demand and limited visibility into 2027 data center spending.

Date
2026.11.12 / 14:24
Author
Axar.az
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