Nvidia board reportedly deciding whether to oust CEO Jensen Huang as stock price plunges
Meeting comes after CEO admitted to having a 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. However, Huang's position became more tenuous late on Wednesday after it was reported by the New York Times that Huang had a separate extramarital affair with a company employee named Kimberly Powell. She was Nvidia's president of healthcare and was reportedly captured on video being affectionate with Huang at a hotel during a company conference in March.
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