Nvidia board weighs CEO Jensen Huang's future after affair probe
Nvidia's board is preparing to consider removing CEO Jensen Huang following an internal investigation into his alleged extramarital affairs, according to The Wall Street Journal. A meeting on the matter is scheduled for November 18. The investigation was launched after reports of two affairs, one with a woman suspected of working for Chinese intelligence and another with a company executive. Nvidia shares fell about 8% in after-hours trading following the initial announcement of the probe on November 8. Huang, 63, is Nvidia's largest shareholder with about 3.6% of the company. He has admitted to the affair and expressed deep regret. Nvidia's chips are central to the US-China competition over artificial intelligence leadership.