Nvidia Working With Outside Firm to Identify CEO Candidates

Nina Trentmann and Ian King, reporting tonight for Bloomberg:

Nvidia Corp.’s board has been working with an outside firm to identify potential replacements for Chief Executive Officer Jensen Huang following reports of multiple extramarital affairs, including one with a woman who is reportedly suspected of spying for China, a person familiar with the situation said.

The board is weighing the idea of naming a temporary chief while searching for a permanent one, the person said, asking not to be identified because the information isn’t public. Directors were meeting on Wednesday to discuss Huang’s fate, according to people familiar with the situation. The Wall Street Journal said earlier that the board was preparing to oust Huang, citing unidentified people familiar with the matter. Nvidia didn’t immediately respond to a request for comment.

There’s no obvious internal candidate because Huang rejected any sort of succession planning within the company’s ranks. I don’t know who they could hire from outside with gravitas, expertise, and integrity who would want the job. It looks more and more like 20 percent of their sales have been illegally smuggled into China and Nvidia covered it up. There’s more to clean up here than marital infidelities.

If the board goes ahead and sacks Huang, I think they should find the best internal candidate and promote them. At least as the temporary CEO. Then conduct a measured search for a replacement. Panicking would only make this worse — but Nvidia’s board is a bunch of no-names who might be shitting their pants at the moment.

★ Wednesday, 11 November 2026