Nvidia board to decide whether to oust longtime CEO Jensen Huang
Nvidia's board is meeting late Wednesday to consider removing chief executive Jensen Huang, as reports of two extramarital affairs and an investigation into alleged links to a Chinese spy fuel a market sell-off and raise questions about the chipmaker's leadership.
On November 10, Nvidia's board of directors announced they had hired Wachtell, Lipton, Rosen & Katz to investigate CEO Jensen Huang and whether company secrets or national security were compromised. Huang admitted to having an affair with Alice Huang, the CEO of a Singapore-based company MegaSpeed, who has ties to Chinese intelligence.
The board stated that the investigation would examine all available information and that they had no reason to believe national security or Nvidia secrets were compromised. Huang supported the review and committed to cooperating with it. The board expressed confidence in Huang's leadership and promised further updates as needed.
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- Nvidia Board issues another statement, 2 days after saying not 'firing' Jensen Huang timesofindia.indiatimes.com
- Who could potentially replace Jensen Huang if Nvidia ousts him? freemalaysiatoday.com
- Nvidia’s Board Is Expected to Meet to Discuss Jensen Huang’s Future nytimes.com
