Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges

Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges

The meeting comes after the executive and co-founder admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy

Nvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy.

The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team, and the company’s stock slid more than 8% in after-hours trading after the Wall Street Journal reported that ⁠the company was preparing to fire Huang.

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In brief

The meeting comes after the executive and co-founder admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy Nvidia’s board of directors met on Wednesday to decide whether to oust Jensen Huang as CEO of the world’s most valuable chip company, according to multiple reports, after a tumultuous week in which the executive and co-founder of the company admitted to having a romantic relationship with a woman who is alleged to be a Chinese spy. The meeting marks ⁠a sharp shift from Sunday, when Nvidia’s board ​expressed confidence in Huang and his leadership team, and the company’s stock slid more than 8% in after-hours trading after the Wall Street Journal re…

This is the opening of the story, shared with credit to The Guardian — World. The rest of the report — with every detail — continues on the publisher’s website.

Continue reading at The Guardian — World ↗

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