Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges

AI Summary

Reports say Nvidia’s board is considering whether to remove co-founder and CEO Jensen Huang after allegations involving a woman described as a Chinese spy. The turmoil follows a sharp fall in Nvidia shares, despite the board having recently expressed confidence in Huang’s leadership.

The meeting comes after the executive and co-founder admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy Nvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy. The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team, and the company’s stock slid more than 8% in after-hours trading after the Wall Street Journal reported that ⁠the company was preparing to fire Huang. Continue reading...