Nvidia board weighs firing CEO Jensen Huang after affair reports

boursorama.com (French) —

Nvidia shares fell about 9% to $158.64 in extended trading after reports that its board is preparing to meet Thursday to consider dismissing CEO Jensen Huang. The move follows allegations of two extramarital affairs. The Wall Street Journal reported the board is weighing Huang's removal, while the New York Times said he had a relationship with Kimberly Powell, a vice president under his authority. The board is also investigating whether Huang was targeted by foreign intelligence operations. Huang reportedly admitted infidelity to employees in a message. The stock had already fallen about 7% year-to-date before the latest decline.


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