Nvidia board weighs ousting CEO Huang after affair reports; analyst sees $75 stock impact
Nvidia's board is considering removing CEO Jensen Huang following reports of a second affair, with Wall Street questioning the company's value without its co-founder. Tech analyst Dan Ives estimates a $75 per share difference. The potential ousting stems from personal conduct allegations, not company performance. Ives' assessment suggests significant investor concern about Huang's leadership, which has been central to Nvidia's success in AI chips and market dominance. Huang co-founded Nvidia in 1993 and has led it to become a trillion-dollar company. The board's deliberation marks a rare challenge to a founder-CEO, with implications for corporate governance and investor confidence in the tech sector.