Nvidia board prepares to remove Jensen Huang, stock falls 9%

The timing is the story: a succession move emerging minutes after a personal scandal breaks suggests the board had already built a case, and the reported recruiter outreach points to a process rather than a reaction. With Huang holding only a small stake and six independent directors able to vote, governance control sits firmly with the board, not the founder — a notable shift for a company so identified with its CEO. Whether external recruiters signal a genuine search or leverage in a negotiated exit is the open question.