Lori Huang, not Jensen, is president of the Huangs’ $9 billion foundation—and co-trustee of the trusts holding most of their Nvidia stake

Nvidia’s board is reportedly preparing to remove Jensen Huang as CEO, a move that would put succession planning at the center of the AI chipmaker’s agenda. Tax and securities filings show that Lori Huang, his wife of more than 40 years, is president of the couple’s roughly $9 billion foundation and serves as co-trustee of the trusts holding most of their Nvidia stake. That structure means any leadership transition would unfold alongside a family-controlled philanthropic and estate-planning apparatus rather than a simple personal shareholding. The reported board action, if confirmed, would test governance at one of the world’s most valuable semiconductor companies. What to watch next: formal board confirmation, the scope of the trusts’ Nvidia holdings, and how the foundation’s leadership is disclosed in coming filings.