Nvidia's board is hunting for a replacement for CEO Jensen Huang after reports of multiple extramarital affairs, including one with a woman described as an alleged Chinese spy. The Wall Street Journal reported the board is weighing his future, with no confirmed ouster or successor, per ZeroHedge, according to @zerohedge.
Nasdaq futures fell about 1.5% and S&P futures about 0.7% as of 8:20am ET on Nov 12, with long-end Treasuries bid higher. ZeroHedge framed Nvidia as turning from the AI trade's anchor into its biggest single risk.
Polymarket odds on Huang leaving by year end spiked sharply. Trader paule334 holds Yes at 15.2c avg now 75.5c worth $46,396, up about $37,048, while OxPredict holds No positions betting he stays, per PolymarketPolymarketPolymarketPortfolio.
Elon Musk replied "That would be an honor" to a post urging him to hire Huang, a short reply with no role, company or job offer named, per @elonmusk.