Nvidia’s board met on Wednesday, November 11, to weigh whether to keep or dismiss chief executive Jensen Huang, according to Reuters. The chipmaker’s stock fell more than 8% in trading after Wednesday’s Wall Street close, and about 7% in Frankfurt on Thursday morning. The New York Times reported, citing five former employees, an alleged affair between Huang and Kimberly Powell, the vice president in charge of health activities; Reuters could not independently verify the story. On Polymarket, the odds of an official announcement of Huang’s resignation or dismissal by December 31, 2026, reached 88% before easing to around 75% on Thursday morning. Nvidia is due to report quarterly results on November 17, with no clear successor publicly emerging for the founder who has led the company since its creation in 1993.
Source: Read the original article
