Nvidia board reportedly weighs removing Jensen Huang as CEO
By the AFREEQUE newsroom, based on Capital FM
Nvidia’s board is reportedly considering removing Jensen Huang as chief executive after a second alleged affair was revealed. Nvidia shares fell nearly 7.5% after the reports, according to the BBC, citing the Wall Street Journal and Financial Times.
The board of Nvidia, the US artificial intelligence chip giant, is reportedly considering whether to retain Jensen Huang as chief executive after a new alleged affair involving the boss was revealed, according to the Wall Street Journal and Financial Times, cited by the BBC.
The board had previously shown its support for Jensen Huang after allegations of an affair with a woman described as a Chinese spy. The New York Times later reported an affair with an Nvidia employee, which reportedly prompted directors to reconsider his continued leadership. Nvidia representatives and several board members did not respond to enquiries cited by the BBC.
Nvidia shares fell nearly 7.5% in after-hours trading on Wall Street. The company, valued at around $4.5 trillion, supplies chips used notably for artificial intelligence, data centres and cloud servers, while the United States has restricted exports of its most advanced chips to China since 2022 for national security reasons.
