# Nvidia Board May Keep Jensen Huang With Less Power

> Nvidia’s board might not fire CEO Jensen Huang but could reduce his authority amid scandal.
- Title: Nvidia Board May Keep Jensen Huang With Less Power · Fortune
- Summary: Nvidia’s board might not fire CEO Jensen Huang but could reduce his authority amid scandal.
- Keywords: nvidia, jensen huang, alleged spy, board investigation, ceo succession, spike in shares, fortune 500, Fortune
- Source: Fortune — https://fortune.com/2026/11/11/nvidia-board-directors-jensen-huang-captive-board
- Author: Bilin Lin
- Read time: 1 min
- Topics: nvidia, jensen huang, alleged spy, board investigation, ceo succession, spike in shares, fortune 500
## Scandal Unfolds
Jensen Huang acknowledged affair with Alice Huang, a former Megaspeed executive suspected of being a Chinese spy.

> Jensen Huang has acknowledged an affair with Alice Huang, a former Megaspeed executive suspected of being a Chinese spy
## Investor Reaction
Nvidia shares fell 8.8% on Monday and closed down 4.3% wiping $190 billion off market value.
## Board Confidence
Nvidia’s board said it had confidence in CEO Huang before independent investigation began.

> Nvidia’s board said it had confidence in its CEO
## Succession Challenge
Nvidia has no obvious successor due to flat management structure with few layers of hierarchy.
## Captive Board
Three board members including Huang have served continuously since Nvidia’s founding in 1993.
## Investor Reluctance
Some investors believe Huang is irreplaceable and would sell shares if he departed.

> Michael Monaghan a partner at Founder ETFs told Axios that his firm would sell its Nvidia holdings if Huang departed calling him in some ways irreplaceable
## Board’s Next Move
Board may appoint second-in-command and reshuffle seats to signal stronger oversight.

> Schloetzer said the board could appoint a clear second-in-command communicate more openly about succession planning and reshuffle board seats to signal stronger oversight
## Potential Outcome
Nvidia board may keep Huang but under closer supervision with reduced authority.

> I don’t expect a stay or go decision it will be more like a stay with less
## Key takeaway

Nvidia’s board may keep CEO Jensen Huang but under closer supervision after scandal involving alleged spy ties.