Nvidia live updates: Nvidia stock tanks in after-hours after allegations of a second affair surface
Nvidia's board is meeting to discuss CEO Jensen Huang's future following reports of relationships with a subordinate executive and an alleged spy, according to Reuters. Shares fell in after-hours trading Thursday after The New York Times reported Huang had a relationship with an executive who reports to him. Yahoo Finance cited reports of a second alleged affair and said the board is preparing to oust Huang. HSBC downgraded the stock to Hold on Friday citing CEO uncertainty ahead of the earnings call.
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- ✓ Nvidia's board is meeting to discuss CEO Jensen Huang's future following affair allegations.
- ✓ The New York Times reported Huang had a relationship with an Nvidia executive who reports to him.
- ✓ Nvidia shares fell in after-hours trading on Thursday, November 13, 2026.
- ✓ HSBC downgraded Nvidia stock to Hold on November 13, 2026, citing CEO uncertainty.
What changed
Nvidia's board convened a meeting on Huang's fate after The New York Times reported a relationship with a direct report and Yahoo Finance alleged a second affair involving an alleged spy.
Live updates
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Nvidia board meets on Huang's future as shares slide on affair allegations
Nvidia's board is meeting to discuss CEO Jensen Huang's future following reports of relationships with a subordinate executive and an alleged spy, according to Reuters. Shares fell in after-hours trading Thursday after The New York Times reported Huang had a relationship with an executive who reports to him. Yahoo Finance cited reports of a second alleged affair and said the board is preparing to oust Huang. HSBC downgraded the stock to Hold on Friday citing CEO uncertainty ahead of the earnings call.
Why it matters
Jensen Huang has led Nvidia since co-founding it in 1993, turning it into the dominant supplier of AI chips. The allegations strike at corporate governance at a company central to the global AI infrastructure build-out. A leadership change would create immediate uncertainty for product roadmaps, customer relationships, and the $3 trillion market valuation. The board's deliberations are the first formal response to the reports.
What is confirmed
- Nvidia's board is meeting to discuss CEO Jensen Huang's future following affair allegations.
- The New York Times reported Huang had a relationship with an Nvidia executive who reports to him.
- Nvidia shares fell in after-hours trading on Thursday, November 13, 2026.
- HSBC downgraded Nvidia stock to Hold on November 13, 2026, citing CEO uncertainty.
Still unconfirmed
- Nvidia is reportedly preparing to oust CEO Huang after alleged affairs with a spy and an Nvidia executive.
- A second alleged affair involves an individual described as a spy.
What to watch next
- Board decision on Huang's continuation or departure
- Official Nvidia statement on the allegations
- Market reaction at Monday's open and upcoming earnings call
confidence 85%Sources used for this update (6)
- The New York Times — Jensen Huang Said to Have Had Relationship With Nvidia Executive Who Reports to Him
- Yahoo Finance — Nvidia reportedly preparing to oust CEO Huang after alleged affairs with spy, Nvidia exec
- Yahoo Finance — Nvidia live updates: Nvidia stock tanks in after-hours after allegations of a second affair surface
- Fortune — How Megaspeed built a network in Singapore and Malaysia to move $7.5 billion of Nvidia chips to Chinese companies
- Reuters — Nvidia live: Board meets on fate of CEO Jensen Huang after affair reports
- finance.yahoo.com — Stock Market Today, Nov. 13: Nvidia Slides After HSBC Downgrades Stock to Hold on CEO Uncertainty
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