{"id":74544,"date":"2026-11-11T20:08:14","date_gmt":"2026-11-12T00:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-board-weighs-ousting-ceo-jensen-huang-amid-conduct-probe-japan-ppi-surges\/74544\/"},"modified":"2026-11-11T20:08:14","modified_gmt":"2026-11-12T00:08:14","slug":"nvidia-board-weighs-ousting-ceo-jensen-huang-amid-conduct-probe-japan-ppi-surges","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/nvidia-board-weighs-ousting-ceo-jensen-huang-amid-conduct-probe-japan-ppi-surges\/74544\/","title":{"rendered":"Nvidia Board Weighs Ousting CEO Jensen Huang Amid Conduct Probe; Japan PPI Surges"},"content":{"rendered":"<h2>Key Takeaways<\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) shares tumbled approximately 9% in after-hours trading<\/strong> following reports that the board is preparing to remove co-founder and CEO <strong>Jensen Huang<\/strong> due to personal conduct violations and national security concerns.<\/li>\n<li><strong>Japan&#39;s Producer Price Index (PPI) for October surged to 7.1% year-on-year<\/strong>, significantly higher than the <strong>6.5% estimate<\/strong>, signaling persistent inflationary pressure on the manufacturing sector.<\/li>\n<li><strong>U.S. Secretary of State Marco Rubio and China\u2019s Wang Yi<\/strong> held a constructive phone call to discuss leader-level talks, potentially including a <strong>trilateral summit with Russia<\/strong> to advance denuclearization and peace.<\/li>\n<li><strong>Japan&#39;s capital flows for the week of Nov. 6<\/strong> showed a significant shift, with domestic investors selling <strong>\u00a5537.6B in foreign bonds<\/strong> and <strong>\u00a5643.9B in foreign stocks<\/strong>, while foreign investors pulled <strong>\u00a5105.2B out of Japanese equities<\/strong>.<\/li>\n<\/ul>\n<h2>Nvidia Leadership Crisis and Stock Impact<\/h2>\n<p><a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> (<a href=\"\/stock\/NVDA\">NVDA<\/a>) is facing a historic leadership crisis as its board of directors reportedly prepares to oust longtime CEO <strong>Jensen Huang<\/strong>. The move follows an independent investigation led by law firm <strong>Wachtell, Lipton, Rosen &amp; Katz<\/strong> into allegations that Huang was targeted by a foreign intelligence operation. Reports suggest the board is currently working with an outside executive search firm to identify potential successors and is weighing the appointment of a <strong>temporary CEO<\/strong> before conducting a wider search.<\/p>\n<p>The controversy intensified after reports surfaced of a second extramarital affair with a direct-report executive, <strong>Kimberly Powell<\/strong>, <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a>&#39;s VP of Healthcare. This follows a prior admission by Huang of a relationship with <strong>Alice Huang<\/strong>, an executive at a major <a href=\"https:\/\/stockmarketwatch.com\/stock\/NVDA\" data-internallinksmanager029f6b8e52c=\"15\" title=\"stock: NVDA\">Nvidia<\/a> customer who U.S. intelligence agencies believe may be a Chinese asset. The board stated that while they have no reason to believe trade secrets were compromised, the conduct appears to violate the company&#39;s <strong>ethical standards and conflict-of-interest policies<\/strong>.<\/p>\n<h2>Japan Inflation and Market Reaction<\/h2>\n<p>Economic data from Japan revealed a sharper-than-expected rise in factory-gate inflation. The <strong>October PPI rose 0.7% month-on-month<\/strong>, far exceeding the <strong>0.3% forecast<\/strong>. On an annual basis, the <strong>7.1% increase<\/strong> (vs. 6.5% expected) highlights the impact of raw material costs and a volatile yen on corporate expenses.<\/p>\n<p>In early trade on November 12, <strong>benchmark 10-year JGB futures rose 0.03 points<\/strong>, while <strong>Nikkei average futures gained 0.33%<\/strong>. This follows a week of heavy selling by Japanese investors in foreign markets, as domestic players offloaded over <strong>\u00a51.1 trillion in combined foreign bonds and stocks<\/strong>, potentially repositioning for higher domestic yields.<\/p>\n<h2>Geopolitical Developments<\/h2>\n<p>Diplomatic channels between Washington and Beijing showed signs of activity as <strong>Secretary of State Marco Rubio<\/strong> spoke with Chinese Foreign Minister <strong>Wang Yi<\/strong>. The two officials reportedly agreed on the importance of maintaining leader-level dialogue to address global stability. A potential <strong>trilateral summit involving Russia<\/strong> was discussed as a means to advance peace and denuclearization efforts, marking a significant diplomatic outreach by the Trump administration ahead of upcoming international summits in Shenzhen.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Nvidia (NVDA) shares tumbled approximately 9% in after-hours trading following reports that the board is preparing to remove 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