Nvidia board weighs ousting CEO Jensen Huang amid affair scandal

independent.co.uk —

Nvidia's board is preparing to oust CEO Jensen Huang following disclosures of two extramarital relationships, deepening a leadership crisis at the $4 trillion AI chipmaker. The relationships involve Nvidia vice president Kimberly Powell and Alice Huang, whom US intelligence claims facilitated chip shipments to Chinese firms. Nvidia shares fell about 8% in after-hours trading, extending losses exceeding $300 billion in market value since the scandal emerged. The board has launched an internal investigation into Huang's conduct, and US House committee leaders have requested a closed-door briefing. Huang admitted to unfaithfulness in an internal memo to employees, compounding the crisis.


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