Nvidia shares drop in extended trading after report on CEO's alleged affair
Nvidia stock slipped about 3.9% after hours following a New York Times report on CEO Jensen Huang, while rival AMD gained. Dow Jones Newswires reported the move.
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what happened
Dow Jones Newswires reports that Nvidia shares fell in after-hours trading after the New York Times said chief executive Jensen Huang had an extramarital relationship with a company executive. The stock dropped 3.9% to $167.02, wiping out the 2.9% rise it had posted during the regular session. Shares of rival AMD edged up 1.6% to $562.22. Citing people familiar with the situation, the paper named the executive as Kimberly Powell, Nvidia's vice president of health care. Nvidia did not comment to the newspaper.
The Times also tied Huang to a separate relationship with a woman suspected of passing information to the Chinese government. Independent board members are examining whether he was targeted in a foreign espionage operation.
why it matters
For markets, the bigger issue is governance rather than the personal story itself. The board's review and the possible link to Chinese espionage add uncertainty around leadership at a company that carries heavy weight in AI-linked trading. Such after-hours moves often reflect quick repricing, while the longer-term impact will depend on how the review turns out.
market impact
Nvidia: CEO scandal and board probe weigh on the shares after hours
- Nvidia shares pressure down — the CEO affair report and board probe reduce investor confidence
tags
instruments
on polymarket
sources
- Nvidia Slides on Report of Second Jensen Huang Affair — Dow Jones Newswires, 11 November 2026 at 22:19 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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