Nvidia board moves to oust CEO Jensen Huang

Nvidia's board is preparing to oust co-founder and CEO Jensen Huang, the Wall Street Journal reported Wednesday, amid growing controversies including multiple extramarital affairs. The board was set to meet as early as today to decide Huang's fate. The New York Times reported Huang had a second affair with subordinate Kimberly Powell, Nvidia's vice president of healthcare, citing video evidence of the 63-year-old being affectionate with her. This follows Huang's admission of a relationship with Alice Huang, a senior executive at Singapore-based data center firm Megaspeed, whom US intelligence allegedly identified as an agent of China's Ministry of State Security. Shareholders have filed a class-action lawsuit over undisclosed information, and Nvidia's stock has plunged since the admission.