Nvidia preparing to oust CEO Jensen Huang after affairs: WSJ
Nvidia’s board could meet as soon as today to decide Jensen Huang’s future, WSJ reports.
According to The Wall Street Journal, Nvidia's board is set to meet today to discuss the future of CEO Jensen Huang, who has been involved in two extramarital affairs. One of these affairs, reportedly with Alice Huang, a Singapore-based data company executive and suspected Chinese spy, has raised national security concerns. Another affair involved Nvidia's vice president of healthcare, Kimberly Powell.
Huang acknowledged his infidelity in a letter to employees, expressing remorse for his actions. The board's investigation into these national security issues is ongoing, with Huang pledging to cooperate fully. Following the revelations, Nvidia's stock fell 8% to $159.76 in after-hours trading.
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