Report: Nvidia is preparing to oust CEO Jensen Huang after admission to affair with alleged Chinese spy

Nvidia's board of directors is reportedly preparing to remove CEO Jensen Huang after admitting to an extramarital affair with a woman U.S. intelligence officials deemed to be a Chinese spy. This decision comes as a shock to the technology industry and could potentially disrupt America's race in artificial intelligence. Huang, 63, has been the CEO of Nvidia for 33 years and played a crucial role in the company's success, particularly its growth in the AI sector.

The company's shares were down more than 7% in after-hours trading following the news. Huang's wife was reportedly unaware of the affair, and Nvidia has launched an investigation into the matter. The company's future timeline is affected by Huang's removal, as there is no clear succession plan in place. Analysts suggest that the board's decision is a forced hand due to internal policy violations.