Nvidia faces leadership crisis as board weighs Jensen Huang's ouster with no succession plan

Nvidia faces a leadership crisis as its board reportedly considers ousting CEO Jensen Huang following espionage allegations and revelations of a second extra-marital affair, with no clear succession plan in place. The company's shares have tumbled amid the turmoil. Huang, who has led the chip maker for 33 years, has about 60 executives reporting directly to him and has said he does not believe in succession planning. Nvidia's board operates without a permanent chair, and Huang is the only insider on it, leaving no obvious replacement. Huang's departure could destabilize the global AI trade, as he is a close ally of Donald Trump and a key figure in AI regulation. Nvidia's stock has fallen 33 percent from its October peak, and a proposed class action accuses the company of defrauding shareholders.