Home › Business & Finance › Nvidia board reportedly deciding whether to oust CEO...
Business & Finance

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

Key Points

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 spyNvidia’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...

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.

Continue reading...
Nvidia (ORG) Jensen Huang (PERSON) Chinese (ORG) spyNvidia (ORG) Huang (PERSON) the Wall Street Journal (ORG)
Originally published by The Guardian UK Read original →