Nvidia's board is actively weighing Jensen Huang's removal following reports of his extramarital affairs, one involving a suspected Chinese intelligence asset at a major customer and another with a direct-report Nvidia executive. The company launched an independent investigation after Huang's November 9 admission of infidelity, initially voicing support for his leadership before shifting to ouster preparations, including a late-November 11 board meeting and external search for replacements. Huang's tight operational control and absence of a clear successor amplify uncertainty for the AI chip leader, whose stock has shed hundreds of billions in value amid national security concerns and political pressure. Traders are monitoring any imminent board vote or interim appointment, such as CFO Colette Kress, as key near-term catalysts.