Nvidia board weighs ousting CEO Jensen Huang after espionage-linked affair

techcrunch.com —

Nvidia's board is reportedly preparing to oust CEO and co-founder Jensen Huang, with a meeting possible as soon as Wednesday evening to decide his future at the company he has led for 33 years. The move follows revelations of Huang's extramarital affair with a woman U.S. intelligence has linked to Chinese espionage, admitted Sunday, and a separate affair with a direct executive report reported Wednesday. Nvidia stock fell about 8% in after-hours trading, extending a five-day decline of roughly 11%. Huang, who oversees about 60 direct reports and delegates little, has no obvious successor or formal succession plan in place, according to his own statements. Nvidia has become one of the world's most valuable companies through its AI chip designs.


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