New Delhi, November 9, 2026 (Yes Punjab News)
Nvidia’s board has the authority to remove founder and Chief Executive Officer Jensen Huang from his executive position through a majority vote of directors, without requiring a criminal finding or conviction. However, removing him as a board director would require shareholder approval under separate procedures, according to a report by NDTV Profit.
The report cited Nvidia’s amended and restated bylaws, dated March 12, 2024, which allow any company officer to be removed, with or without cause, through an affirmative vote of a majority of directors in office.
The bylaws separately provide for the removal of a director for cause through a majority shareholder vote. Removal without cause requires approval from shareholders representing at least 66.67 per cent of the company’s outstanding voting power.
Nvidia launched an independent investigation on November 8 following reports alleging that Huang had been targeted by a foreign intelligence operation through a personal relationship. The allegations involve Alice Huang, an executive at Singapore-based Megaspeed, a major Nvidia customer reportedly purchasing more than $4.8 billion worth of its chips over two years.
The controversy comes amid claims by US policymakers that women linked to the allegations had been recruited by China’s Ministry of State Security to spy on Nvidia’s CEO. Huang reportedly sent an email to Nvidia employees, apologising to his family and colleagues.
The report also cited previous instances of US companies removing or losing CEOs over relationships that allegedly violated internal policies. McDonald’s fired CEO Steve Easterbrook in 2019 after finding that a consensual relationship with an employee breached its standards of business conduct. Intel CEO Brian Krzanich resigned in 2018 after the company found that a past consensual relationship violated its non-fraternisation policy.
Meanwhile, China on Monday dismissed allegations that it had spied on Huang, describing the claims as “baseless”, according to media reports from Beijing.
Megaspeed also denied allegations that it was involved in illegally shipping Nvidia chips to China. The Singapore-based AI data centre company said inspections by US and Malaysian authorities, as well as Nvidia, had found no evidence of wrongdoing.
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