Nvidia board weighs CEO Jensen Huang's fate amid leadership crisis

boursorama.com (French) —

Nvidia's board is meeting Wednesday evening to decide whether to remove CEO Jensen Huang amid reports of two extramarital affairs, a source told Reuters, as the AI chip leader faces a leadership crisis. The board reversed its Sunday confidence vote after the Wall Street Journal reported Huang's potential dismissal, triggering an 8% stock drop and roughly $600 billion in market value losses since an investigation began into his relationship with Alice Huang, suspected of being a Chinese spy. Huang, 63, has no obvious successor and holds 3.6% of Nvidia, with CFO Colette Kress seen as interim CEO candidate. The company's quarterly results are due November 17, and market prediction site Polymarket now shows an 88% probability Huang will leave by year-end.


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