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Nvidia CEO Jensen Huang faces board probe amid affair scandal, causing stock downgrades and market value loss.

Market News
12 Nov 2026, 02:23 WIB
Fox Business
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Bearish
Nvidia CEO Jensen Huang faces board probe amid affair scandal, causing stock downgrades and market value loss.

Nvidia CEO Jensen Huang is under investigation by the company's board following revelations of extramarital affairs, including one with a senior executive. Huang admitted to infidelity and pledged cooperation with the probe, which found no evidence of security breaches. The scandal has led to multiple analyst downgrades and a significant drop in Nvidia's market value. Huang, who co-founded Nvidia in 1993, remains a key figure as the company navigates this leadership crisis.

The leadership turmoil at Nvidia involving CEO Jensen Huang comes as the stock experiences notable market movement. On Pluang, Nvidia shares are priced at USD 159.98, down 5.22% as of Nov 12, 2026 07:31 WIB. Despite the drop, the stock maintains a market cap of $4.08 trillion and sees a majority of buy orders at 69%, with investors typically holding for 118 days.

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