Nvidia board prepares to oust CEO Jensen Huang after second affair

Nvidia's board is reportedly preparing to oust CEO Jensen Huang after a second extramarital affair was uncovered, according to a Wall Street Journal report. Details on timing or a successor remain unavailable. Huang previously admitted to an affair with someone accused of being a Chinese spy. The first affair's disclosure triggered an over $800 billion drop in Nvidia's market cap in a single day, with leadership uncertainty continuing to pressure the stock. The AI industry faces broader deflation amid investor doubts about profitability, with Google's ad revenue decline from AI summaries adding pressure. Nvidia, a key AI hardware supplier, remains affected, while Apple's valuation stays above $5 trillion.