AI summary
Nvidia’s board is deciding whether to fire CEO Jensen Huang after he admitted to a relationship with an alleged Chinese spy, causing the stock to plunge.
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Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
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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 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...
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