Nvidia's board of directors is preparing to remove Jensen Huang from his position, causing Nvidia's after-hours stock price to fall 9%.

Nvidia's board of directors is preparing to remove founder and CEO Jensen Huang from the company, with the board meeting as early as the 11th to decide Huang's future. The New York Times reported that Jensen Huang had an extramarital affair with an Nvidia executive who reported directly to him. Following this news, Nvidia's stock price fell more than 9% in after-hours trading. (Source: Wall Street Journal)