NVIDIA’s board is preparing to remove co-founder Jensen Huang as chief executive, The Wall Street Journal reported, citing people familiar with the matter. A board meeting could take place as early as 11 November, the newspaper said. The report comes as NVIDIA shares fall and The New York Times reports an alleged relationship between Huang and a senior executive at the chipmaker.
By Adam Ujazdowski. Polish original published 11 November 2026 at 22:40 UTC.
The Journal’s report describes preparations for Huang’s removal, rather than a decision already taken. On 8 November, when the board launched an independent investigation into the chief executive, it expressed confidence in him and his management team.
Huang has led NVIDIA since its founding in 1993. Under his leadership, the graphics chipmaker has become one of the most important suppliers of artificial intelligence technology. His removal would end more than three decades of leadership by the company’s co-founder.
New allegations concern NVIDIA healthcare executive
The New York Times reported that Huang allegedly had an extramarital relationship with Kimberly Powell, NVIDIA’s vice president of healthcare. CNBC cited the report and said the company did not immediately respond to a request for comment.
Powell joined NVIDIA in 2008. She leads its global healthcare business, covering hardware and software used in medical imaging, biological research, drug development and medical data analysis. She previously led the company’s higher education and research business, as well as its NVIDIA AI Labs and NVIDIA Inception programmes.
Board investigates contacts with Alice Huang
The earlier investigation concerns Alice Huang, a former executive at Singapore-based Megaspeed. The Financial Times and The New York Times reported that she had a relationship with NVIDIA’s chief executive. US intelligence agencies suspect her of working with Chinese intelligence.
In a message to employees on Sunday, 8 November, Jensen Huang admitted being unfaithful to his wife. He apologised to his family and colleagues and pledged to cooperate with the investigation.
The board appointed law firm Wachtell, Lipton, Rosen & Katz to investigate the matter and said it would review the available information. It also said it had no reason to believe that NVIDIA secrets had been disclosed or US national security compromised.
Board to decide Huang’s future
The Journal’s report indicates that the board is preparing to decide whether Huang should continue to lead NVIDIA. A change would mean replacing both the chief executive and the person who has shaped the company’s direction for more than three decades and become its most recognisable public figure.
People cited by the newspaper said the board could meet as early as 11 November. The cited passage did not name a potential successor or specify when any leadership change would take effect.
Sources: The Wall Street Journal; CNBC, 11 November 2026; NVIDIA board statement and Jensen Huang’s message to employees dated 8 November 2026; Kimberly Powell’s official biography.
