Nvidia shares fall as board weighs CEO Huang's fate after spy-affair scandal

ara.cat (Spanish) —

Nvidia's board is meeting to decide whether to remove CEO Jensen Huang following reports of an extramarital affair linked to a spy scandal, causing shares to fall nearly 8% in after-hours trading. The New York Times reported Huang had a relationship with Alice Huang, a businesswoman accused by U.S. intelligence of facilitating chip shipments to Chinese firms. The Wall Street Journal also revealed a separate affair with a company executive under his command. Huang, 63, owns about 3.6% of Nvidia and has no clear successor, underscoring his tight control. The company has lost roughly $600 billion in market value this week since the board announced an investigation.


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