Nvidia deepens losses as board reportedly explores potential Huang replacements

A widening scandal over Huang's personal ties to an alleged Chinese intelligence asset has put the AI chip giant's leadership in question Nvidia ’s biggest problem this week has nothing to do with chips. It has to do with the man who has run the company since its founding. On Wednesday afternoon, The Wall Street Journal reported that Nvidia’s board is preparing to remove CEO Jensen Huang. The report landed minutes after The New York Times published new allegations about Huang’s personal conduct. Shares fell approximately 8% in after-hours trading on November 11. The trouble started with a name: Alice Huang. She is a former executive at Megaspeed, and US intelligence officials believe China’s Ministry of State Security recruited her to spy on Nvidia.

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