World

Jensen Huang to forfeit US$108m in Nvidia shares after reported ouster

Former chief executive's unvested equity awards represent just 0.08 per cent of his US$138.4 billion fortune, with nearly 97 per cent of his wealth tied to Nvidia shares

Updated 7 hours ago · Published on 13 Nov 2026 8:24AM

Jensen Huang to forfeit US$108m in Nvidia shares after reported ouster
Departure follows allegations of extramarital relationships, including one involving a suspected Chinese intelligence operative - November 13, 2026

JENSEN Huang stands to lose about US$108 million (about RM440.92 million) in unvested equity compensation following his reported departure from Nvidia, a relatively small portion of his estimated US$138.4 billion fortune.

The forfeited awards account for approximately 0.08 per cent of his net worth, according to the Bloomberg Billionaires Index.

Under Nvidia's equity compensation policy, executives who terminate their continuous service with the company automatically forfeit restricted stock units (RSUs) that have yet to vest.

Huang holds about 346,000 such units and would have received approximately 310,000 shares under the company's equity incentive plan, subject to the achievement of specified performance targets.

Unlike many technology executives whose fortunes include substantial stock options and other equity-based incentives, Huang's wealth is derived overwhelmingly from his direct ownership of Nvidia shares.

According to Bloomberg's wealth index, he controls about a 3.5 per cent voting stake in the California-based semiconductor giant, with the holding accounting for nearly 97 per cent of his total fortune.

Nvidia has only one class of shares, meaning Huang does not enjoy enhanced or privileged voting rights through a dual-class share structure.

Huang's shock Nvidia exit threatens to shake global AI industry

Earlier, Reuters reported that Jensen Huang's claimed departure as Nvidia chief executive has sent shockwaves through the global artificial intelligence industry, threatening to disrupt a technology ecosystem built around the chipmaker's influence, investments and dominance in AI computing.

The exit follows a tumultuous week for the US semiconductor giant, with revelations about Huang's alleged extramarital relationships, including one involving a suspected Chinese intelligence operative, triggering a crisis that could have wider implications for US-China technology relations.

Reuters reported that Huang had also been involved in an intimate relationship with a second Nvidia employee, citing two people familiar with the matter. Nvidia declined to comment.

Huang's departure could also have far-reaching consequences for Washington's semiconductor export policy, particularly its approach to allowing advanced Nvidia chips to reach the Chinese market.

During his tenure, Huang had advocated maintaining access to China, putting him at odds with longstanding China hawks in both political parties who have called for tighter restrictions on advanced semiconductor exports.

The controversy has also drawn attention to Commerce Secretary Howard Lutnick, who, like Huang, had supported easing restrictions on chip sales to China.

Two people familiar with the matter told Reuters that senior White House officials were discussing Lutnick's future amid growing questions over the administration's oversight of semiconductor exports.

The White House previously said President Donald Trump maintained complete confidence in Lutnick and his ability to carry out his responsibilities.

Beyond the political fallout, Huang's departure threatens to unsettle an AI ecosystem that Nvidia helped finance and expand through investments in cloud computing providers, suppliers and artificial intelligence research laboratories.

The explosive demand for AI computing power had helped drive a sevenfold increase in Nvidia shares through early October, lifting its market capitalisation to nearly US$6 trillion at its peak.

Huang, who co-founded Nvidia more than three decades ago, had become synonymous with the company's rise and the wider AI boom, making his reported exit a significant leadership development for the industry.

His departure has also intensified speculation over who will eventually take the helm of the company, whose global influence has grown alongside the rapid expansion of artificial intelligence. - November 13, 2026

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