Nvidia board weighs firing CEO Jensen Huang over spy scandal

Nvidia's board is meeting to decide whether to remove CEO Jensen Huang, following a scandal involving his relationship with a manager suspected of being a Chinese spy. His position has deteriorated rapidly, with the Wall Street Journal reporting the board is considering his dismissal. The scandal emerged from Huang's relationship with Alice Huang, an entrepreneur suspected by US intelligence of operating for China, raising national security concerns. After initially calling the relationship professional, Huang admitted to the affair. The New York Times also revealed a second alleged relationship with Kimberly Powell, a direct subordinate at Nvidia. Under Nvidia's bylaws, the CEO can be removed by a majority vote of the eleven-member board, requiring six votes, without shareholder approval. However, removing Huang from the board itself would require shareholder votes, and the company has no defined succession plan.