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Politics · November 11, 2026

Nvidia board prepares to oust CEO, name interim chief

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Nvidia’s board is reportedly preparing to oust CEO Jensen Huang following revelations of multiple extramarital affairs, including one with a woman suspected of being a Chinese spy. Reports indicate the board is considering Chief Financial Officer Colette Kress as a potential interim CEO and has engaged an outside search firm to find a permanent replacement. The controversy has sparked calls for resignation from media figures, as well as requests from Democratic Senators Elizabeth Warren and Chris Coons for the Trump administration to preserve records related to the company’s exports and the CEO's personal conduct. President Trump has also publicly commented on the situation as the FBI continues its investigation into the matter.

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Reported across the spectrum

  • Nvidia's board is preparing to remove CEO Jensen Huang.
  • Jensen Huang had an extramarital affair with a woman suspected of being a Chinese spy.
  • The board's actions follow reports of multiple extramarital affairs involving the CEO.
  • U.S. officials believe the woman involved, identified by some as Alice Huang, may have exploited the relationship to gather intelligence for Beijing.

Reported by only some outlets

  • The Wall Street Journal and New York Times reported a second affair with Kimberly Powell, Nvidia’s vice president of healthcare.
  • Nvidia’s board is reportedly considering CFO Colette Kress for the interim CEO role.
  • Apple hardware chief Johny Srouji is mentioned as a potential candidate for the permanent CEO position.
  • Senators Elizabeth Warren and Chris Coons have requested the preservation of documents related to Nvidia's exports to China.
  • Nvidia's stock fell more than 8% in after-hours trading following the news.
  • The Nvidia board briefed the White House on its planned meeting regarding the CEO's future.
  • The FBI is currently probing the affair with the suspected spy.

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CadNews does not determine absolute truth or endorse political viewpoints. It compares publicly available reporting, identifies shared facts, highlights framing differences, and flags uncertainty.