Nvidia board weighs CEO's fate amid adultery scandal

actu.orange.fr (French) —

Nvidia's board met Thursday to decide the fate of CEO Jensen Huang, whose leadership is threatened by adultery allegations involving a Chinese executive suspected of espionage. The decision could further destabilize the tech sector and US-China trade tensions. Huang, 63, has led Nvidia since 1993 and has no designated successor. He admitted over the weekend to being unfaithful to his wife, following reports of a relationship with Alice Huang, a former Megaspeed International executive. The New York Times also reported a second alleged affair with a Nvidia vice president. The board can remove Huang as CEO with a majority vote, though he would retain his board seat. Nvidia's stock has fallen sharply, and shareholders have filed a class-action lawsuit. A congressional hearing is scheduled for November 18, and the company reports quarterly earnings on November 17.


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