Nvidia board reportedly weighs ousting Huang amid alleged affairs with exec and suspected Chinese spy
Nvidia's board is reportedly preparing to oust Jensen Huang amid reports of an affair with a suspected Chinese spy. The shake-up would leave the world's leading AI chip supplier without the co-founder who built it.
According to media outlets, Nvidia's board is reportedly considering removing co-founder and CEO Jensen Huang, with a potential meeting to decide his fate happening soon. Huang has been leading the company for over three decades, transforming it from a gaming chipmaker into a leading supplier of artificial intelligence chips. The board's decision comes as Nvidia investigates allegations that Huang may have been a target of a foreign intelligence operation, following reports of an affair he allegedly had with a woman identified by US intelligence as a Chinese intelligence asset.
Additionally, the New York Times reported that Huang had an affair with an Nvidia executive who worked under him. The news of possible action against Huang caused Nvidia's shares to drop approximately 8% in after-hours trading. Bloomberg reported that the board is collaborating with an external firm to identify potential replacements and is considering an interim CEO during their search for a permanent successor.
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