'His contributions are profound': What Nvidia said on CEO Jensen Huang's exit

Explained

What happened

Times of India reported that Nvidia's shares fell about 8% in after-hours trading after reports about alleged extramarital affairs involving CEO Jensen Huang. One of those alleged relationships reportedly involved a businesswoman linked to Chinese intelligence. A later Times of India article gave a larger figure. Its headline said the stock fell more than 12% in pre-market trading, while its text said nearly 11%. Because the two figures do not match, the size of the drop remains unconfirmed.

NDTV, citing a report, said the businesswoman was introduced to Huang by her husband, identified as Kang. Kang is reportedly in his early 50s and was once a well-known fund manager in China before founding his own company, Shanghai Hexi, in 2010. Firstpost named the businesswoman as Alice Huang and said she is suspected of spying.

Why it matters

Several outlets describe the board as central to what happens next. CNN, citing two sources it said were familiar with the matter, reported that the board was meeting to discuss Huang's future. Times of India said the board was reportedly weighing his "exit," and a later article from the same outlet described his departure. These accounts do not clearly agree on whether a decision has been made.

The fallout has reached beyond Nvidia. Times of India reported that Oracle and Micron Technology also lost value, and that the dollar rose to a 19-month peak. The same report mentioned movement in the US 10-year Treasury yield, but the available text is incomplete. Engadget reported that shareholders have filed a lawsuit against the company and Huang. Firstpost's headline suggested the affair could cause wider problems in Washington, but the material available does not explain what those problems might be.

Times of India also published a company statement, as its headline described it, calling Huang's contributions "profound." The full wording was not included in the excerpt provided.

What we don't know yet

The reports do not establish whether Huang has formally left his post. They also differ on the exact market losses and do not confirm the details of the allegations. The lawsuit's claims, the board's final position, and the political consequences described by Firstpost are not yet explained in the available coverage.

Written by the 91News.in desk with AI assistance, based on reports from Times of India, NDTV, CNN, Engadget, Firstpost. Updated 12 Nov 2026, 9:05 pm. Spotted an error? Tell us.