Nvidia preparing to oust CEO Jensen Huang: U.S. media
The New York Times reported that Jensen Huang was also involved in a second extramarital affair, with Nvidia's vice-president of health care, Kimberly Powell
Nvidia's board is reportedly preparing to oust co-founder and CEO Jensen Huang and may meet imminently to decide his future, according to media reports on Wednesday. This news caused the company's shares to fall approximately 8% during after-hours trading. Following the reports, a Bloomberg reporter stated on X that the board is working with an outside firm to find potential successors and is considering an interim CEO during the search for a permanent replacement.
The company is investigating whether Huang was targeted by a foreign intelligence effort. This investigation follows reports of an affair with a woman whom U.S. intelligence reportedly identified as a Chinese intelligence asset. Additionally, The New York Times reported that Huang was involved in a second extramarital affair with an Nvidia executive who reported to him, while The Hindu - Sci-Tech noted that The New York Times identified the executive as Nvidia's vice-president of health care, Kimberly Powell.
Brief written by urgent.news from The Hindu - Sci-Tech, Deutsche Welle Science — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.