NVIDIA's board is reportedly questioning CEO Jensen Huang's future after allegations about his personal life surfaced.
The news has made waves on Wall Street: NVIDIA and its customers, like CoreWeave and Naver, saw their stocks drop 8%, more than 6%, and nearly 6% after hours.
Investors are worried that if Huang steps down, it could shake up NVIDIA's leadership right when the company is driving big changes in AI.
No clear NVIDIA successor named
Huang leaving could leave a major gap at the top, since there's no clear successor lined up.
Analysts say this uncertainty might slow down NVIDIA's strategy and give rivals, like Chinese GPU maker Moore Threads, whose stock jumped nearly 10%, a chance to catch up.
Still, NVIDIA says it remains committed to its massive $164.5 billion in financial commitments, including an obligation capped at $105 billion on an OpenAI data center in Ohio.
All eyes are now on their upcoming earnings report for updates on leadership and what comes next.