Nvidia Preparing To Fire Huang After 2nd Affair Bombshell, Stock Knifes Lower: Report

What happened: Nvidia is reportedly preparing to remove founder and CEO Jensen Huang after revelations of two extramarital affairs, one involving a woman US intelligence says is a Chinese spy and one with an Nvidia executive who reports to him. Why it matters: Shares fell after hours and the odds of Huang resigning spiked on Polymarket. Nvidia shares had already slid on Nov. 9 after the board's probe was announced, and a House chairman said he is prepared to subpoena Huang. Coverage: 7 outlets in 24h

Nvidia is reportedly preparing to remove founder and CEO Jensen Huang after revelations of two extramarital affairs, one involving a woman US intelligence says is a Chinese spy and one with an Nvidia executive who reports to him.

Shares fell after hours and the odds of Huang resigning spiked on Polymarket. Nvidia shares had already slid on Nov. 9 after the board's probe was announced, and a House chairman said he is prepared to subpoena Huang.