Nvidia's board is reportedly preparing to oust chief executive Jensen Huang after he had two extramarital affairs, including one with a suspected Chinese spy.
The Wall Street Journal reported the board was preparing to meet as soon as today to determine his future, citing people familiar with the matter.
Earlier today, the New York Times reported Huang had engaged in an extramarital affair with an Nvidia company executive who reported directly to him.
The US tech giant’s shares plummeted as Jensen Huang’s personal life was thrust into the spotlight. (Source: 1News)
Huang apologised for having an affair with a Chinese businesswoman who US officials reportedly believe was a Chinese spy. Nvidia is looking into whether Huang had been targeted by a foreign intelligence operation.
A leadership vacuum at the world's second highest valued company could cause stocks to make further losses, after the firm already lost more than US$300 billion in market value since news of Huang's affair broke.
Nvidia has become a focal point in the US-China race for artificial intelligence supremacy, with its chips used to train models and power services.
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