Nvidia live: Board meets on fate of CEO Jensen Huang after affair reports
Nvidia's board forced out founder and CEO Jensen Huang on Thursday after an investigation revealed he concealed a personal relationship with a female executive who reported to him for more than a year. The New York Times reports Huang initially characterized the relationship as a business connection with a customer. His resignation ends a 33-year tenure at the company he created and led to a $3 trillion valuation. The board met Sunday to finalize the transition, with Reuters confirming the live deliberations on Huang's fate following the affair reports.
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- ✓ Nvidia's board forced out CEO Jensen Huang on Thursday after an investigation into a concealed relationship with a subordinate.
- ✓ The New York Times reports Huang hid the relationship for more than a year and initially mischaracterized it as a business connection with a customer.
- ✓ Reuters confirmed the board met Sunday to deliberate on Huang's fate following the affair reports.
- ✓ Huang co-founded Nvidia in 1993 and led the company for 33 years to a $3 trillion valuation.
What changed
Jensen Huang has resigned as CEO after the board concluded he concealed a relationship with a subordinate, ending his 33-year leadership of Nvidia.
Live updates
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Nvidia board ousts CEO Jensen Huang after concealed relationship with subordinate
Nvidia's board forced out founder and CEO Jensen Huang on Thursday after an investigation revealed he concealed a personal relationship with a female executive who reported to him for more than a year. The New York Times reports Huang initially characterized the relationship as a business connection with a customer. His resignation ends a 33-year tenure at the company he created and led to a $3 trillion valuation. The board met Sunday to finalize the transition, with Reuters confirming the live deliberations on Huang's fate following the affair reports.
Why it matters
Huang's departure marks one of the most dramatic leadership changes in Silicon Valley history, removing the architect of Nvidia's dominance in AI chips. The concealed relationship violated corporate governance policies and triggered a board review that moved with unusual speed. The company now faces a succession challenge at a critical moment in the AI arms race, with no immediate successor named.
What is confirmed
- Nvidia's board forced out CEO Jensen Huang on Thursday after an investigation into a concealed relationship with a subordinate.
- The New York Times reports Huang hid the relationship for more than a year and initially mischaracterized it as a business connection with a customer.
- Reuters confirmed the board met Sunday to deliberate on Huang's fate following the affair reports.
- Huang co-founded Nvidia in 1993 and led the company for 33 years to a $3 trillion valuation.
Still unconfirmed
- The Wall Street Journal reported exclusively that Nvidia was preparing to oust Huang prior to his resignation.
- Elon Musk said it would be an 'honor' to hire Huang, according to CNBC.
- Democratic senators demanded Nvidia records from the Trump administration over alleged Chinese spy ties, per Fox Business.
What to watch next
- Announcement of interim or permanent CEO successor
- Board statement on governance changes and investigation findings
- Market reaction and Nvidia stock movement at Monday open
confidence 90%Sources used for this update (12)
- www.nytimes.com — The New York Times - Breaking News, US News, World News and Videos
- www.cnn.com — Breaking News, Latest News and Videos | CNN
- www.hindustantimes.com — Stock market today: S&P 500, Dow Jones, Nasdaq futures fall as US inflation hits 3.7% in September | Hindustan Times
- The New York Times — Jensen Huang Said to Have Had Relationship With Nvidia Executive Who Reports to Him
- WSJ — Exclusive | Nvidia is Preparing to Oust CEO Jensen Huang
- Reuters — Nvidia live: Board meets on fate of CEO Jensen Huang after affair reports
- CNBC — Elon Musk says it would be an 'honor' to hire Nvidia's Jensen Huang
- Fox Business — Democratic senators demand NVIDIA records from Trump administration over alleged Chinese spy ties
- finance.yahoo.com — Nvidia and Jensen Huang fallout: Here's everything we know after a momentous week
- www.nytimes.com — Jensen Huang Carried a Secret for More Than a Year. It Led to His Downfall.
- www.businessinsider.com — I watched Jensen Huang speak 9 days before his resignation. Two things stand out now.
- www.livemint.com — Jensen Huang resigns: Meet the Nvidia board members who decided his fate after affair reports | Company Business News
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